Ayala Corporation and Metrobank strengthen their alliance with a new senior credit line

Ayala Corporation (Ayala) has obtained a $200 million long-term senior credit facility from Metropolitan Bank & Trust Company (Metrobank), marking another milestone in a relationship that has spanned more than three decades.

The credit facility supports Ayala’s strategic financing initiatives for its ongoing commitments and investments in emerging portfolios, namely technology and payments, healthcare, logistics and mobility.

The agreement was signed on September 16, 2024 by the Chief Financial Officer of Ayala Corporation, Alberto de Larrazabal, the Treasurer of Ayala Corporation, Estelito Biacora, the Head of the Institutional Banking Sector of Metrobank, Mary Mylene Caparas, and the Head of Large Metrobank Companies, Maria Elena Trinidad.

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«We have always been proud to be partners of Ayala Corp. because we share its mission of helping people and companies in the country. This agreement is a testament to our decades-long support of Ayala Group’s growth aspirations to create companies that transform industries, challenge the status quo and bring innovations that contribute to the Philippines’ social and economic development goals, all while being a standard bearer of good corporate governance,” said Mary Mylene Caparas, Head of the Institutional Banking Sector at Metrobank.

Metrobank, one of the largest and most trusted financial institutions in the country, has long been a financial partner of Ayala and its business units, providing credit facilities for real estate developments, renewable energy projects and data centers.

The credit facility supports Ayala’s strategic financing initiatives for its ongoing commitments and investments in emerging portfolios.

“This loan agreement with Metrobank will support our efforts to refine our portfolio and allocate capital to the clear winners in the business. “We are very pleased to partner with Metrobank, an institution that has been working with us for more than 30 years, supporting our purpose of building businesses that allow people to prosper,” said Albert de Larrazabal, Chief Financial Officer of Ayala Corporation.