Cebu Landmasters, Inc. (CLI) has secured P4 billion from an oversubscribed sustainability-linked bond (SLB) sale, its second strong market showing this year. The bond sale highlights solid investor confidence in the Visayas-Mindanao developer’s growth and sustainability agenda.
Formally listed on December 5 at the Philippine Dealing System, the issuance completes the third and final tranche of CLI’s P15-billion shelf-registration program. The newly listed Series F, G, and H bonds mature in 2029, 2032, and 2035, respectively.
Investor appetite remained strong across all tenors. The 4-year Series F raised P2.19 billion at 6.5408 percent. The 7-year Series G delivered a P603 million at 6.6807 percent, while the 10-year Series H generated P1.22 billion at 6.9572 percent.
CLI Chairman and CEO Jose Soberano III said the consecutive success of the SLB program “strengthens our drive to be the country’s most trusted developer—where every project brings fulfillment to our customers and progress to the communities we serve.”
CLI continues to be the first Philippine property developer to anchor an SLB to affordable housing delivery. Under its framework, the company targets developing more than 16,000 additional affordable homes, bringing its total output across VisMin—and soon Luzon—to over 30,000 units by the bonds’ maturity.
Proceeds from the issuance will fund ongoing project development in key VisMin growth hubs, refinance maturing obligations, and support general corporate needs.
At a time when ESG-focused investments are gaining momentum, CLI’s latest oversubscription reflects sustained investor interest in developers that pair expansion with measurable social impact.
