Ayala Land Inc., the property arm of conglomerate Ayala Corp., is likely to issue P1-billion to P2-billion worth of homestarter bonds to partly fund a P100-billion capital expenditure this year.
This is the second time this year for AL I to tap the bond market for finance after completing a P7-billion bond offer last month as part of the plan to source P15 billion to P20 billion beyond corporate coffers.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.