Ayala Land, Inc.
Philippine Rating Services Corporation (PhilRatings) has assigned an Issue Credit Rating of PRS Aaa, with a Stable Outlook, to Ayala Land, Inc.’s (ALI) proposed third Sustainability-linked Bonds amounting to ₱10.0 billion, with an oversubscription option of up to ₱5.0 billion. PhilRatings also maintained its Issue Credit Rating of PRS Aaa, with a Stable Outlook, for the Company’s ₱104.25 billion outstanding bonds.
Highest Credit Rating for Ayala Land, Inc.’s 3rd Sustainability-Linked Bonds of Up To ₱15 Billion
Philippine Rating Services Corporation (PhilRatings) has assigned an Issue Credit Rating of PRS Aaa, with a Stable Outlook, to Ayala Land, Inc.’s (ALI) proposed third Sustainability-linked Bonds amounting to ₱10.0 billion, with an oversubscription option of up to ₱5.0 billion. PhilRatings also maintained its Issue Credit Rating of PRS Aaa, with a Stable Outlook, for the Company’s ₱104.25 billion outstanding bonds.
Ayala Land, Inc.
Obligations rated PRS Aaa are of the highest quality with minimal credit risk. The obligor’s capacity to meet its financial commitment on the obligation is extremely strong. PRS Aaa is the highest rating assigned by PhilRatings.
Highest Credit Rating for Second Sustainability-linked Bonds from Ayala Land, Inc.
Ayala Land, Inc.
Obligations rated PRS Aaa are of the highest quality with minimal credit risk. The obligor’s capacity to meet its financial commitment on the obligation is extremely strong. PRS Aaa is the highest rating assigned by PhilRatings.