Vista Land Weighs Sale of Assets to Repay $420 Million Bond Vista Land, one of the largest real estate developers in the Philippines, is reportedly considering a massive asset sale to repay its substantial debt burden.
The company's financial woes have been well documented, with a $420 million bond issue outstanding and a reputation for struggling to meet repayment deadlines.
The proposed asset sale would undoubtedly alleviate some pressure on Vista Land's balance sheet but also raises questions about the long term sustainability of the Philippine real estate market and its impact on tourism infrastructure.