Ayala Logo

 

Ayala Corporation is one of the largest conglomerates in the Philippines, organized as a holding company with equity interests in the various Ayala Group companies. The Ayala Group companies engage in the following sectors: real estate, financial services, telecommunications, power, healthcare, logistics, water, industrial technologies, infrastructure education and technology ventures.

 

For more information on Ayala Corporation, visit https://www.ayala.com/
   

 

Terms of the Offer 

 

Issuer

Ayala Corporation

Issue

             

Fixed-rate bonds (the “Bonds”) constituting the direct, unconditional, unsecured and general obligations of the Issuer.

Issue Amount

Principal amount of Php10,000,000,000.00, with an Oversubscription Option of up to Php5,000,000,000.00.

Maturity Date

3 years from the Issue Date or [May 26, 2025]

5 years from the Issue Date or [May 26, 2027]

7 years from the Issue Date or [May 26, 2029]

Final Interest Rate

3 years: 4.4542%

5 years: 5.6239%

7 years: 6.1351%

Interest

Interest on the Bonds shall be calculated on a 30/360-day count basis and shall be paid quarterly in arrears.

Form and Denomination

Issued in scripless form in minimum denominations of P50,000.00 each, and in multiples of P10,000.00 thereafter.

Call Option

In whole and not in part based on the schedule below:

 

Series C Bonds: No call option

 

Series D Bonds:

Call Option Dates

Call Option Price

12th to 15th Interest Payment Date

101.00%

16th to 19th Interest Payment Date

100.50%

 

Series E Bonds:

Call Option Dates

Call Option Price

16th to 19th Interest Payment Date

102.00%

20th to 23rd Interest Payment Date

101.00%

24th to 27th Interest Payment Date

100.50%

Offer Period

May 12 - May 18, 2022

Issue Date

May 26, 2022

Rating

PRS Aaa by PhilRatings

Listing

Philippine Dealing and Exchange Corporation (“PDEx”)

First Metro’s Role

Joint Lead Underwriter and Bookrunner

 

 

 

Final Offer Supplement

Investors are strongly advised to carefully read the contents of the Final Offer Supplement, together with the financial statements attached thereto.

Download a copy of the Final Offer Supplement.


 

  

Contact Details 

 

Any questions related to the Bond Offering may be directed to the following representatives.

 

Bernard Paco

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Andrea Cabrera

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