Ayala Land, Inc. Returns to PDEx with its 2nd ASEAN Sustainability-Linked Issuance Worth PHP 8,000,000,000
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13 November 2024, Makati, Philippines — Ayala Land, Inc. (ALI) returns to the capital debt market for the 2nd tranche of its ASEAN Sustainability-Linked Bonds worth PHP 8 billion due 2034.
Philippine Dealing and Exchange Corporation (PDEx) President and CEO, Mr. Antonino Nakpil in his welcome remarks commended ALI once again for continuing the initiative to list sustainability-linked bonds. – “These are the bonds we need because we want to be green, but we are really brown, and we really need this transition-type bonds to continue the theme, the initiative.”
Mr. Nakpil was also delighted to share that the PDS Group has finally achieved the ESBN Asia-Pacific Green Deal Silver Badge for its continuous digitalization initiatives. – “This is a template that we hope to replicate to be able to bring in more MSMEs to access the public debt market through enrollments. This aspiration continues to thrive within the PDS mindset, and we believe it is fully consistent with the national drives for both inclusion and “greenness.”
Ms. Anna Ma. Margarita Dy, Ayala Land, Inc.’s President and CEO, recognized the fundamental role of sustainable finance for its projects. – “Ayala Land is encouraged to continue our pursuit to sustainability, along 4 focused areas: site resilience, pedestrian mobility, transit connectivity & resource efficiency and local economic growth.”
In conclusion, Ms. Dy signified that ALI will continue its sustainability journey through its various projects – “Our sustainability journey continues, we will continue to pursue large impactful projects, that will improve the quality of life of the Filipinos.”
This nineteenth admission for 2024 brings the year-to-date total of new listings to PHP 306.23 billion and the total outstanding amount to PHP 1.2 trillion issued by forty-one companies, comprised of 163 securities.