Vista Land & Lifescapes, Inc. has obtained a Three-Year Corporate Note Facility of up to PHP 10.0 billion. VLL has made an initial drawdown of PHP 6.0 billion at a fixed rate of 7.6139% per annum. The proceeds of the corporate notes facility will be used to refinance existing or maturing obligations and for other general corporate purposes.

For the foregoing purpose, VLL has entered into a Corporate Notes Facility Agreement with BDO Capital & Investment Corporation, China Bank Capital Corporation, and SB Capital Investment Corporation as Mandated Lead Arrangers and Bookrunners, China Banking Corporation - Trust and Asset Management Group as Facility Agent, and VLL's subsidiaries namely Brittany Corporation, Crown Asia Properties, Inc., Camella Homes, Inc., Communities Philippines, Inc., Vista Residences, Inc., and STR as Subsidiary Guarantors.