CLI maiden bond offering successful

By Ed Paolo Salting

Oct 08, 2022 12:18 am

REAL estate developer Cebu Landmasters Inc. (CLI) said it has successfully listed its first fixed-rate bond offering worth P5 billion at the Philippine Dealing and Exchange Corp. on Oct. 7, 2022.

The listing is the company's approved shelf registration of a P15-billion debt securities program, which is planned to be utilized within three years. The bond issuance is intended to further fuel the company's growth momentum.

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