AYALA Corp. has retained its A-foreign currency long-term issuer rating and stable outlook from the Japan Credit Rating Agency (JCR), which the conglomerate said was a reflection of its diversified business portfolio, resilient earnings base and prudent financial management.
JCR cited Ayala’s position as one of the country’s largest conglomerates, with investments spanning banking, real estate, telecommunications, renewable energy, health care, mobility, logistics, fintech, industrial technologies and education.
“JCR’s continued confidence in Ayala, reflected in its A-rating, underscores the strength of our portfolio and validates our sharpened focus on disciplined capital allocation, prudent risk management and balance sheet resilience,” Ayala Chief Finance Officer and Chief Risk Officer Juan Carlos Syquia said.
The rating agency said Ayala’s credit profile continued to be supported by contributions from its core businesses in banking, property, telecommunications and renewable energy, bolstered further by stable cash flow generation and growth prospects.
JCR also noted the conglomerate’s favorable financial position, which it said supported Ayala’s ability to navigate evolving market conditions while pursuing expansion opportunities.
Ayala Executive Director and Treasurer Estelito Biacora said the reaffirmed rating enhances the company’s financing flexibility, particularly in accessing Samurai hedged loans.
“The reaffirmed A-rating supports Ayala’s diversified financing opportunities to tap Samurai hedged loans at attractive terms during current market uncertainties,” Biacora said.
Ayala said it remained focused on maintaining strong liquidity, financial flexibility and disciplined balance sheet management as it continues to invest across its various business segments.
The company’s shares jumped P1.00, or 0.26 percent, to close at P386.00 each on Thursday.