Business
Century Properties eyes P3B for land banking, working capital
Century Properties Group Inc. (CPG) plans to raise up to P3 billion through a five-year fixed-rate corporate note issuance to fund land banking and working capital. This move aims to strengthen its land portfolio for future development and ensure operational stability.
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- Century Properties to Raise P3 Billion for Expansion
Century Properties Group Inc. (CPG), a major Philippine property developer, plans to raise up to P3 billion through the issuance of five-year fixed-rate corporate notes to fund its expansion. The proceeds will be used for working capital, general corporate purposes, and land banking.