VISAYAS-MINDANAO based property developer Cebu Landmasters Inc. (CLI) said it plans to issue P5 billion worth of sustainability-linked bonds in the first quarter of next year.

'Cebu Landmasters, Inc. (CLI) has amended its 17Q [a Securities and Exchange Commission form for quarterly reports] to disclose the reviewed financial results for the nine months ending Sept. 30, 2024. This amendment is in preparation for the issuance of a P5-billion sustainability-linked bond issuance, which forms part of the remaining P10 billion shelf registration,' it informed the stock exchange last week.