Ayala Corporation (Ayala) has received a senior long-term loan facility of $200 million from Metropolitan Bank & Trust Company (Metrobank), marking another milestone in a relationship that has lasted over three decades. The loan facility contributes to Ayala's strategic financing initiatives for ongoing commitments and investments in developing portfolios, including technology and payments, health, logistics, and mobility.
The agreement was signed on September 16, 2024, by Ayala Corporation's Chief Finance Officer Alberto de Larrazabal, Treasurer Estelito Biacora, Metrobank Head of Institutional Banking Sector Mary Mylene Caparas, and Metrobank Head of Large Corporates Maria Elena Trinidad. “We have always been a proud partner of Ayala Corp. because we share their mission of enabling individuals and businesses in the country. This deal is a testament of our decades-long support to the Ayala Group’s growth aspirations of building businesses 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 for good corporate governance,” said Metrobank Mary Mylene Caparas, Metrobank Institutional Banking Sector Head. Metrobank, one of the country's largest and most trusted financial institutions, has long been a financial partner of Ayala and its corporate entities, offering loans for real estate developments, renewable energy projects, and data centers. “This loan agreement with Metrobank will support our efforts to sharpen our portfolio and allocate capital to clear business winners. We are glad to partner with Metrobank, an institution that has been working with us for over 30 years, supporting our purpose of building businesses that enable people to thrive” said Albert de Larrazabal, Chief Finance Officer of Ayala Corporation.
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