Ayala gets 'A-' JCR rating for strong foundation

Ayala Corporation has received an inaugural Foreign Currency Long-Term Issuer Rating of 'A-' from Japan Credit Rating Agency (JCR), which reflects the company's strong business foundation and robust cash flow generation capabilities.

The rating, indicating a relatively high level of creditworthiness, enhances Ayala’s ability to secure yen-denominated loans, including Samurai loans, while affirming its strong credit standing.

Ayala Treasurer Estelito C. Biacora highlighted that the 'A-' rating with a stable outlook broadens the company's investor base and improves access to capital markets amidst current market volatilities.

JCR noted potential future impacts on Ayala’s financial position from changes in interest rates, real estate market trends, regulatory shifts, and expansion plans in renewable energy power generation.

The company's core businesses are in real estate, banking, telecommunications, and renewable energy sectors, with growing presence in healthcare, mobility, logistics, industrial technologies, education, and other ventures.