A surge of investor interest propelled Haus Talk, Inc. to successfully list ₱1.8 billion in fixed-rate bonds on the Philippine Dealing & Exchange Corp., exceeding their initial target by 80%. The unexpectedly strong demand signals a clear vote of confidence in the company’s ambitious growth strategy.
The bond offering features two distinct tenors: three-year bonds yielding 7.0896% and five-year bonds at 7.5924%. These rates reflect a careful balance between attractive returns for investors and manageable costs for the rapidly expanding developer.
According to Haus Talk Chairman Terence Madlambayan, the enthusiastic response to the bonds demonstrates a strong belief in the company’s future plans and its ability to deliver on its commitments. This influx of capital is poised to fuel significant expansion across Luzon.
The funds raised will be strategically allocated to key areas of growth, including acquiring prime land for future developments, accelerating ongoing project construction, and supporting overall corporate needs. This investment will directly contribute to expanding the availability of residential properties.
This bond market participation represents a significant milestone for Haus Talk, building upon its 2022 listing on the Philippine Stock Exchange’s Small, Medium and Emerging Board. It signifies a deepening engagement with the capital markets and a commitment to transparent financial practices.
Haus Talk specializes in developing affordable housing solutions – both horizontal and vertical – in key areas surrounding Metro Manila, including Rizal, Laguna, and Cavite. Their focus remains on providing accessible homeownership opportunities to a wider segment of the population.
Reflecting this positive momentum, Haus Talk shares experienced a rise on the local bourse, closing at ₱1.14 per share – an increase of 0.88% on the day of the bond listing. This upward trend underscores the growing investor confidence in the company’s performance and potential.
