March 22 (Reuters) - Villa World Ltd VLW.AX :
* Villa World announces capital management initiatives
* $20 million underwritten institutional placement of new ordinary shares at $2.25 per share
* Announces launch of an equity offer and a debt offer
* Villa World expects to maintain FY18 EPS at FY17 level
* Proceeds of equity offer and bond offer will give Villa World additional financial capacity to replenish and increase land stocks
* Co's shares are expected to remain in trading halt until 10.00am (Sydney time), 23 March 2017 while placement is conducted
* Is seeking to raise about $50 million under bond offer, by issuing 500,000 new unsecured debt securities with a face value of $100 per bond Source text for Eikon: Further company coverage: VLW.AX