Ccording To The Latest Timetable Submitted Sec Cebu Landmasters Engaged Bpi Capital Corporation And China Bank As Joint Issue Managers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MANILA - The Securities and Exchange Commission (SEC) has considered favorably the debt securities program of Cebu Landmasters, Inc., which looks to raise as much as PHP8 billion from the first tranche. In its Sept. 6 meeting, the commission en banc resolved to render effective the registration statement of Cebu Landmasters covering up to PHP15 billion of bonds, subject to the company's compliance with certain remaining requirements. Cebu Landmasters may offer the bonds in tranches within three years. For the first tranche, the listed property developer will offer to the public up to PHP8 billion of Series A bonds due 2026, Series B bonds due 2028, and Series C bonds due 2029. The company could net up to PHP7.9 billion from the offer, which will be used for project development or capital expenditures for various real estate projects and for general corporate purposes. The bonds comprising the first tranche will be offered at face value from Sept. 26 to 30, and will be listed on the ....

Exchange Commission , Cebu Landmasters Inc , Capital Corporation , Investment Corporation , China Bank Capital Corporation , Philippine Dealing Exchange Corp , Sb Capital Investment Corporation , Cebu Landmasters , Philippine Dealing , Manila The Securities And Exchange Commission Sec Has Considered Favorably Debt Program Of Cebu Landmasters , Hich Looks To Raise As Much Php8 Billion From The First Tranche In Its Sept 6 Meeting , He Commission En Banc Resolved To Render Effective The Registration Statement Of Cebu Landmasters Covering Up Php15 Billion Bonds , Ubject To The Company 39s Compliance With Certain Remaining Requirements Cebu Landmasters May Offer Bonds In Tranches Within Three Years For First Tranche , He Listed Property Developer Will Offer To The Public Up Php8 Billion Of Seriesa Bonds Due 2026 , Eriesb Bonds Due 2028 , Nd Seriesc Bonds Due 2029 The Company Could Net Up To Php7 9 Billion From Offer , Hich Will Be Used For Project Development Or Capital Expenditures Various Real Estate Projects And General Corporate Purposes The Bonds Comprising First Tranche Offered At Face Value From Sept 26 To 30 , Nd Will Be Listed On The Philippine Dealing Amp Exchange Corp By Oct 7 , Ccording To The Latest Timetable Submitted Sec Cebu Landmasters Engaged Bpi Capital Corporation And China Bank As Joint Issue Managers , Joint Lead Underwriters , Nd Joint Bookrunners For The Offer Pnb Capital And Investment Corporation , Cbc Capital Corporation , Nd Sb Capital Investment Corporation Were Tapped As Co Lead Underwriters Pr ,