Ayala Corporation recently won the Most Innovative Treasury Initiative award at the prestigious 2025 Corporate Treasurer Awards for financing deals that aim to support sustainable development and drive business growth.
The recognition covers two deals: a $200-million yen-denominated term loan with Mizuho Bank, Ltd. and Sumitomo Mitsui Banking Corporation (SMBC), and a $100-million blended finance deal with the Asian Development Bank (ADB) and Canadian Climate and Nature Fund for the Private Sector in Asia (CANPA).
Signed in March 2025, Ayala’s Samurai loan with Mizuho Bank and SMBC followed Ayala’s inaugural Foreign Currency Long-Term Issuer Rating of “A-” from the Japan Credit Rating Agency, Ltd. (JCR). Supported by Ayala’s high level of creditworthiness, the maiden yen-denominated credit facility received competitive loan rates and access to Japanese capital markets.
The loan with ADB and CANPA, signed in January 2025, aims to advance electric mobility in the Philippines. The deal was also recently awarded the Philippines’ Transport Deal of the Year at The Asset Triple A Sustainable Infrastructure Awards.
Ayala Corporation Executive Director and Treasurer Estelito C. Biacora thanked CorporateTreasurer for the honor.
“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,” Biacora said.
The annual awards, administered by independent publication CorporateTreasurer, recognizes companies across Asia Pacific and the Middle East with proven excellence in finance innovation, solutions, teamwork, and risk management.
