Ayala Corp. Secures $200-Million Samurai Loan to Expand Growth Capabilities

Philippine conglomerate Ayala Corporation (AC) has sealed a $200-million (₱11.5 billion) Samurai loan, marking its maiden yen-denominated borrowing to support the company’s general corporate purposes.

The loan was made possible following Ayala’s “A-” credit rating from the Japan Credit Rating Agency Ltd. (JCR), reflecting a relatively high level of creditworthiness. The deal was arranged with Mizuho Bank Ltd. and Sumitomo Mitsui Banking Corp. (SMBC) acting as lead arrangers and bookrunners.

“This maiden yen-denominated loan broadens Ayala Corporation’s partnership with Japanese financial institutions,” said Estelito Biacora, AC treasurer.
“It also enhances our capital-raising flexibility to support businesses that help people thrive.”

Strong Financial Backing and Global Partnership

Mizuho Bank’s general manager, Masaaki Wada, highlighted their role as rating advisor, calling the deal a testament to their enduring partnership with Ayala.

The loan comes on the heels of Ayala Corp.’s record core net income of ₱45 billion in 2024, driven by robust performances in its banking, property, telecom, and infrastructure sectors.

Earlier this week, AC also announced the promotion of four next-generation leaders, tasked with steering the group’s strategic growth in emerging areas.