21 March 2025, Makati, Philippines — Cebu Landmasters, Inc. (CLI) returns to the capital debt market to issue its PHP 5 billion Sustainability-Linked Bonds.

PDEx President and CEO, Mr. Antonino Nakpil was pleased to have the first thematic bond issuance this year with CLI’s Series D and E Fixed Rate Bonds – “We are also most delighted that CLI is our first thematic bond issuer for 2025, with this Sustainability-Linked Bonds.  The Philippines has indeed kept pace in the issuance of Green, Social, and Sustainability Bonds (or GSSBs), and last year 53% of all new listings were of these thematic types.”

Mr. Nakpil proudly shared the robust movement of the secondary market for nine consecutive months – “On this 3^rd week of March, we are well on our way to complete an average of PHP 1 trillion traded volume per month, unseen in previous years and reflective of the new dynamic in fixed income markets.”

Cebu Landmasters, Inc.’s (CLI) Director, SEVP and COO, Mr. Jose Franco Soberano in his message emphasized the key role of bond holders in the success of this issuance – “To our bond holders, thank you for being part of our mission. There is a special significance to the bonds you are holding, because they will address one of the most critical needs of our countrymen – that is – access to affordable housing. CLI is highly invested and committed to addressing the housing backlog, and ensuring more families have access to affordable, quality and sustainable homes.”

Mr. Soberano also declared CLI’s continuing mission to strengthen its sustainability efforts – “The sustainability-linked bond label means that we are very ready to walk the talk. With our bond offering over 3-times oversubscribed, I can proudly say that a lot are ready to walk the talk with us.”

This seventh admission for 2025 brings the year-to-date total of new listings and enrollment to PHP 73.2 billion and the total level of tradable corporate debt instruments to PHP 1.2 trillion issued by forty-two companies, comprised of 169 securities.