Insider Spotlight
The strategy is helping the conglomerate build long-term resilience while fueling investments in climate-forward sectors.
The approach has drawn regional attention. Ayala recently received the Most Innovative Treasury Initiative at the 2025 Corporate Treasurer Awards for two landmark deals that directly support sustainable development and business expansion.
Why it matters
Southeast Asian companies are increasingly under pressure to finance climate adaptation and low-carbon transition. Ayala’s recent facilities—one yen-denominated and one blended finance deal—offer a model for tapping diverse pools of ESG-driven capital.
Driving the shift
The first transaction is a $200-million Samurai loan with Mizuho Bank and Sumitomo Mitsui Banking Corp., signed in March 2025.
The deal followed Ayala’s inaugural “A-” foreign currency long-term issuer rating from Japan Credit Rating Agency, giving it competitive loan terms and expanded access to Japanese markets.
The second is a $100-million blended finance facility with the Asian Development Bank (ADB) and the Canadian Climate and Nature Fund for the Private Sector in Asia (CANPA), signed in January 2025.
The loan is designed to advance electric mobility in the Philippines—an area where infrastructure and affordability remain major barriers to adoption. The same deal was earlier recognized as the Philippines’ Transport Deal of the Year at The Asset Triple A Sustainable Infrastructure Awards.
The big picture
The financing mix underscores Ayala’s strategy of embedding sustainability into its treasury operations—not just its business units.
By leveraging both commercial and development finance, the company gains cost-efficient capital while aligning with government and multilateral climate priorities.
What they’re saying
“At Ayala, we continue to improve the way we do business. These innovative financing deals drive our business forward sustainably so we can deliver greater value to our customers and shareholders,” Ayala executive director and treasurer Estelito C. Biacora, said in a press release on Nov. 24, 2025.
What’s next
Ayala’s growing mobility, energy, and infrastructure portfolio suggests further demand for sustainable finance tools. Through its track record, the conglomerate remains a leading Philippine issuer in ESG-aligned capital markets. —Vanessa Hidalgo | Ed: Corrie S. Narisma
