Paul Hastings Advises on Vista Land's High Yield Notes Offering

October 15, 2013

Hong Kong (October 15, 2013) – Paul Hastings, a leading global law firm, announced today that it represented Vista Land & Lifescapes, Inc. (“Vista Land”), the largest homebuilder in the Philippines, on its issuance of US$100 million 6.75% guaranteed notes due 2018 (the “Notes”).

UBS AG, CLSA Limited and The Hongkong and Shanghai Banking Corporation Limited were Joint Lead Managers and Joint Bookrunners. BDO Capital & Investment Corporation was the Domestic Lead Manager.

The proceeds of the Notes will be used to partially finance Vista Land’s capital expenditures and for general corporate purposes.

In May 2013, in anticipation of this offering, Paul Hastings advised Vista Land on the amendment of its outstanding US$153 million guaranteed notes due 2015 through a consent solicitation. UBS AG was the sole solicitation agent.

The Paul Hastings team advising on both the consent solicitation and the Notes issuance was led by partners Patricia Tan OpenshawSteven Winegar and James Cole, with support from associates Jordan BaggsKatherine Watlington and Josefina Bautista.

The completion of these transactions demonstrates Paul Hastings’ ability to execute multi-jurisdictional securities transactions with joint English and New York law expertise, in this case, in liability management and high yield issuance. These transactions are part of our expanding practice in growth markets across Asia, Latin America and EMEA.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

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