Ayala raising P30 billion from bond issuance

MANILA, Philippines — Ayala Corp., the country’s oldest conglomerate, is returning to the bond market to raise as much as P30 billion.

In a stock exchange filing, Ayala said its board approved the company’s five-year shelf registration of up to P30 billion with the Securities and Exchange Commission.

The registration will enable the company to undertake future issuances of Philippine peso-denominated bonds on an efficient and timely basis.

Ayala said the securities would be sold through general public offerings, and relevant documents would be filed with the pertinent regulatory agencies in due course.

In 2021, Ayala secured approval to offer up to P30 billion under the SEC’s shelf registration program.

Last year, the company raised $100 million through a blended finance deal with the Asian Development Bank and Canadian Climate and Nature Fund for the Private Sector in Asia.

The funding supports Ayala’s mobility arm, ACMobility, in expanding its electric vehicle charging station network, helping accelerate the Philippines’ shift to electric mobility.

Ayala also signed a $200-million yen-denominated term loan with Mizuho Bank Ltd. and Sumitomo Mitsui Banking Corp. to support business growth.

It was Ayala’s first yen-dominated term loan, which was supported by a strong credit rating from the Japan Credit Rating Agency Ltd.

The conglomerate closed 2025 with a renewed commitment to supporting the country’s long-term growth, as the past year saw the group expand its reach through its emerging businesses.

It successfully sealed partnerships with global firms to bring the world’s best to the Philippines, and the best of the Philippines to the world.