Tag page - Alberto M. de Larrazabal

The Zobel-controlled Ayala Group continues to beef up its warchest and hopes to raise $250 million to $400 million from the divestment of its smaller investments as it focuses on the expansion of its ventures into renewable energy, electric vehicles, healthcare, and logistics. In an interview,...

Ayala Corporation, one of the largest conglomerates in the Philippines, has successfully raised US$400 million after setting the terms for a US dollar-denominated fixed-for-life (non-deferrable) senior perpetual issuance on Sept. 16, 2021. In a disclosure to the Philippine Stock Exchange, the firm...