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Cebu Landmasters Secures P3-B Sustainability-Linked Notes

August 13, 2025

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The Philippine Star

Listed property developer Cebu Landmasters Inc. (CLI) recently inked a P3-billion sustainability-linked notes (SLN) facility agreement with top institutional investors.

This further reinforces its position as a trusted and forward-looking real estate developer in Visayas and Mindanao.

BPI Capital Corp. acted as the sole arranger and bookrunner for the transaction, while BPI Wealth acted as the facility agent and paying agent for the sustainability-linked notes.

These qualified buyers include BPI Asset Management and Trust Corp. in its capacity as trustee or investment manager for various noteholders and Sun Life Investment Management and Trust Corp. (SLIMTC) acting as the Investment Manager on behalf of its clients.

The notes have tenors of seven and 10 years from the initial issue date. The proceeds will be used for real estate development and general corporate purposes aligned with CLI's sustainability-linked framework, a roadmap that integrates environmental and social commitments into its financing goals.

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