CLI signs P3-B sustainability-linked notes deal to support projects - BusinessWorld Online

CLI signs P3-B sustainability-linked notes deal to support projects - BusinessWorld Online

LISTED property developer Cebu Landmasters, Inc. (CLI) has signed a P3-billion sustainability-linked notes facility to fund its upcoming real estate developments, it said on Thursday. The sustainability-linked notes will have tenors of seven and 10 years from their initial issue date and will be used to finance real estate developments and general corporate purposes, CLI said in a regulatory filing. “These qualified buyers include BPI Asset Mana…