LISTED conglomerate Ayala Corp. (AC) is exercising its call option to redeem P10 billion bonds due in 2019 as a part of the group’s plan to manage its debt obligations.

In a disclosure to the stock exchange on Monday, AC said its board of directors approved on September 20 the early redemption of P10 billion in bonds due 2019 by exercising the issue’s call option.

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