Ayala Corp maintained its excellent retail bonds. PhilRatings proclaimed that it retained the PRS Aaa credit rating for its P10 billion retail bonds, which are due on April 30th, 2017. Another P10 billion is due on November 23th, 2019; P10 billion is due for May 12th, 2021; and P10 billion is due on May 11th, 2027.
Those with the PRS Aaa rating are said to be of the highest quality and also possess minimal credit risk. Several factors regarding Ayala’s capability of retaining such a high rating have been noted; this includes its strong brand equity, leading market position, well-defined strategy, financial flexibility and healthy cash flows.
