Paul Hastings Advises Vista Land on US$225 Million Guaranteed Notes Issuance and Tender Offer of US$104 Million Outstanding Notes

May 12, 2014

Hong Kong (May 12, 2014) -- Paul Hastings, a leading global law firm, announced today that the firm advised Vista Land & Lifescapes, Inc. (“Vista Land”), the largest homebuilder in the Philippines, on its issuance of US$225 million 7.45% guaranteed notes due 2019 and a tender offer whereby it purchased US$104 million of its outstanding 8.25% guaranteed notes due 2015.

DBS Bank Ltd. and The Hongkong and Shanghai Banking Corporation were joint lead managers, while BDO Capital & Investment Corporation acted as domestic lead manager.

Paul Hastings has represented Vista Land in a number of its debt capital markets transactions over the past few years including advising on its US$100 million high yield offering in 2013 and the amendment of its outstanding 8.25% guaranteed notes due 2015 through a consent solicitation.

The Paul Hastings team was led by partners Patricia Tan Openshaw and Steven Winegar, with support from associate Jordan Baggs.

Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.