Ayala secures $200M Samurai loan from Japan

Ayala Corporation secured a $200 million Samurai loan from Japan on March 19 for general corporate purposes, marking the company's first yen-denominated loan.

Mizuho Bank and Sumitomo Mitsui Banking Corporation acted as mandated lead arrangers and bookrunners in this transaction, enhancing Ayala’s partnership with Japanese financial institutions.

Ayala Treasurer Estelito Biacora highlighted that the Samurai loan strengthens capital-raising options despite anticipated persistently high interest rates.

The company received an 'A-' Foreign Currency Long-Term Issuer Rating from the Japan Credit Rating Agency Ltd., improving its access to the Japanese market and facilitating further expansion.

Ayala reported a record core net income of P45 billion in 2024, driven by strong performance across banking, property, telecommunications, and renewable energy sectors.