Markets

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.

Netflix’s bold move to acquire Warner Bros. from Warner Bros. Discovery (WBD) in a USD82.7-billion cash-and-stock deal sent shockwaves through Hollywood on Friday, along with a jolt of anxiety on Wall Street.

Metro Pacific Tollways Corp. (MPTC) has raised ₱20 billion from its first public bond issuance, which was more than three times oversubscribed from its ₱15-billion base offer. The company will use the funds to support ongoing and future tollway projects, make new investments, and reduce existing debt.

Manulife Financial Corp. has priced a USD1 billion public offering of senior notes at 100 percent of face value, as the global insurer moves to reinforce its funding base and prepare for upcoming refinancing needs.

Boeing shares rocketed higher Tuesday after the finance chief of the aircraft manufacturer predicted a return to positive free cash flow next year, injecting optimism into a stock battered by delays and production snags.