JCR said Ayala’s banking, property, telecommunications and renewable energy businesses continue to provide a strong earnings base and support its credit profile, a statement showed on Thursday.
The reaffirmation also signals confidence in Ayala’s ability to generate cash across multiple sectors while maintaining financial flexibility for future investments.
“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,” said Ayala Corp. chief finance officer and chief risk officer Juan Carlos L. Syquia.
JCR also cited Ayala’s diversified portfolio, growth potential and favorable financial position in maintaining the stable outlook.
The conglomerate has investments spanning banking, real estate, telecommunications, renewable energy, healthcare, mobility, logistics, fintech, industrial technologies and education.
—Edited by Miguel R. Camus
