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Tag Archives: AYC Finance

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To refinance costlier debt, Ayala set to reenter offshore bond market

Insights, Investor, PartnerBy Doris Dumlao-AbadillaSeptember 27, 2021

Conglomerate Ayala Corp. is returning to the offshore bond market for the first time since the start of the COVID-19 pandemic, while also offering to redeem as much as $800 million worth of older and costlier perpetual bonds to take advantage of the slowdown in interest rates since last year. The country’s oldest business house…

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