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Manila Bulletin devider Business devider The Stock Market devider Ayala lines up ₱30-billion peso bond sale for funding flexibility

Ayala lines up ₱30-billion peso bond sale for funding flexibility

Published Jan 22, 2026 01:36 pm

Zobel-led conglomerate Ayala Corp. is raising up to ₱30 billion through issuances of Philippine peso-denominated bonds to be sold via general public offerings.

In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, Jan. 22, the firm said its board of directors approved the finance committee’s recommendation to file with the Securities and Exchange Commission (SEC) a five-year shelf registration of up to ₱30 billion.

This move is intended to give Ayala the flexibility to undertake future issuances of peso-denominated bonds in an efficient and timely manner.

Last year, Ayala raised capital through a series of innovative financing deals to drive business growth and support sustainability-focused ventures.

At the start of 2025, Ayala raised $100 million through a blended finance deal with the Manila-based multilateral lender Asian Development Bank (ADB) and Canadian Climate and Nature Fund for the Private Sector in Asia. The funding supports Ayala’s mobility arm, AC Mobility Holdings Inc. (ACMobility), in expanding its electric vehicle (EV) charging station network, helping accelerate the Philippines’ shift to electric mobility.

In March 2025, Ayala signed a $200-million yen-denominated term loan with Mizuho Bank Ltd. and Sumitomo Mitsui Banking Corp. (SMBC) to support business growth. It marked Ayala’s first yen-denominated term loan, made possible by a strong credit rating from Japan Credit Rating Agency Ltd. (JCR).

Meanwhile, Singapore-based impact investor ABC Impact infused primary capital into Ayala Healthcare Holdings Inc. (AC Health), Ayala’s healthcare arm, to expand the company’s network of hospitals, clinics, and pharmacies.

Ayala is starting 2026 with a renewed commitment to supporting the country’s long-term growth following a year marked by new ventures and innovative initiatives.

“Ayala entered into new partnerships, new ventures, and undertook historic firsts [in 2025]. This is the power of a more connected Ayala. We enter the new year with a renewed commitment to create value by supporting the country’s long-term growth,” said Ayala President and Chief Executive Officer (CEO) Cezar P. Consing.

The past year saw Ayala expand its reach through its emerging businesses, sealing partnerships with global firms to bring the world’s best to the Philippines—and the best of the Philippines to the world.

To grow its exposure in retail, Ayala partnered with the United Arab Emirates’ (UAE) premium fresh food supermarket brand Spinneys to open stores in the Philippines. This marks Spinneys’ first venture outside the Gulf, encouraged by Ayala’s local market knowledge, track record, and the country’s high-growth potential.

Ayala also partnered with Thailand’s CP AXTRA, Asia’s leading operator of wholesale and retail businesses Makro and Lotus’s, to explore the development of new businesses and co-investments in both the Philippines and Thailand.

The partnership paves the way for collaboration between the Ayala Group and CP AXTRA’s affiliates in e-commerce, mall development, retail, and wholesale, and features the re-entry of Makro into the Philippine market.

In its logistics business, Ayala partnered with Danish infrastructure fund manager A.P. Moller Capital, which is acquiring a 40-percent stake in AC Logistics Holdings Corp. (AC Logistics), to enable the company to scale operations and meet the Philippines’ evolving logistics requirements.

Related Tags

Ayala Corporation Cezar P. Consing
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