Vista Land & Lifescapes received noteholder approval for the proposed amendments on the terms of its unit VLL International Inc.'s issuance of US$425.0 million of 7.375% senior guaranteed notes due 2022.
Noteholders who hold 90.12% of the notes' principal amount gave their green light to align the terms of the 7.375% notes to the terms of the issuance of US$350.0 million in 5.750% seven-year bonds that were issued Nov. 20, 2017.
Vista Land, along with certain subsidiaries, are the guarantors of the 7.375% notes.
