Ayala Corp taps $100-M sustainability loan from DBS

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Originally published byPhilippine Daily Inquirer

MANILA, Philippines – Ayala Corp. has obtained a $100-million sustainability-linked loan facility from Singapore-based DBS Bank Ltd., marking the conglomerate’s maiden Singapore dollar-denominated hedged debt deal. In a statement on Monday, the country’s oldest conglomerate said the facility would help diversify its funding sources while supporting the continued expansion of its businesses. Ayala said proceeds from […]...

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