trending Market Intelligence /marketintelligence/en/news-insights/trending/els7-auzuso9tydwixq6aq2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Ayala Land confirms 10B-peso bond issuance report

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Ayala Land confirms 10B-peso bond issuance report

Ayala Land Inc. confirmed a March 25 report from The Manila Standard that the company was looking to issue 10-year bonds worth 10.00 billion Philippine pesos under its 50.00 billion-peso debt securities program.

The real estate manager and developer said in a disclosure that since the registration of the shelf in March 2016, it has issued an aggregate of 32.00 billion pesos of fixed rate and homestarter bonds, as well as commercial papers. Ayala Land clarified that following the latest issuance, the shelf will have a remaining balance of 8.00 billion pesos, and not 5.00 billion pesos as the publication reported.

The publication further noted that net proceeds from the fifth tranche of the shelf will be channeled toward the development of retail, office and hotel spaces within township projects in Makati, Quezon City and the Manila Bay area in the Philippines.

The bonds will be listed with the Philippine Dealing & Exchange Corp., according to the report, with BDO Capital and Investments Corp., Chinabank Capital and PNB Capital acting as joint lead underwriters and joint book runners for the issuance.

As of March 26, US$1 was equivalent to 52.26 Philippine pesos.