Nextasia Secures ₱300 Million Corporate Note Facility to Fund Growth and Expansion

The affordable housing developer marks its first capital market issuance as it strengthens expansion plans in CALABARZON.

NEXTASIA Land, Inc. has secured a ₱300 million unsecured corporate note facility from qualified investors, marking a major milestone in the company’s capital markets journey.

The transaction reflects investor confidence in NEXTASIA’s operating track record, prudent financial management, disciplined execution, and long-term growth strategy.

Proceeds from the issuance will support ongoing project development and strategic land acquisitions within the company’s core growth corridors in CALABARZON.

“This transaction is an important step in strengthening our capital structure while maintaining flexibility for future expansion,” said Crispin Y. Carreon, Chairman and CEO of NEXTASIA.

Carreon said the company approached the issuance with discipline, focusing not on maximizing size but on establishing a strategic presence in the debt capital market.

As NEXTASIA’s first capital market issuance, the transaction gives the company an additional funding avenue while supporting its expansion across high-growth areas in Southern Luzon.

The milestone also strengthens NEXTASIA’s position in the affordable housing sector, where demand remains strong as more Filipino families seek value-driven and accessible residential communities.

With a focused strategy on developing affordable homes in high-demand areas, NEXTASIA aims to help address the country’s housing backlog while building sustainable and future-ready communities.

BPI Capital Corporation acted as Sole Arranger and Bookrunner for the transaction.

“We are pleased to support NEXTASIA in this milestone transaction,” said Lester Ong, President of BPI Capital. “The company’s clear vision and market positioning, attractive growth prospects, and disciplined approach to execution have been well-received by the investors.”

BPI Asset Management and Trust Corporation, also known as BPI Wealth, will serve as Facility Agent and Paying Agent for the corporate notes.

NEXTASIA Land, Inc. is a residential developer focused on affordable housing in key growth areas across CALABARZON. The company develops well-designed, value-driven homes and sustainable, technology-enabled communities for Filipino homebuyers.

NEXTASIA’s ₱300 million corporate note facility gives the company stronger financial flexibility to expand its affordable housing footprint while supporting more Filipino families seeking accessible homes.