Ayala taps DBS for $100-M ESG facility

Ayala Corporation has secured a US$100 million sustainability-linked facility from DBS Bank, reinforcing the conglomerate’s long-term environmental, social, and governance (ESG) financing strategy while broadening its access to regional capital markets.

The transaction marks Ayala’s maiden Singapore dollar-denominated hedged loan facility, giving the group greater flexibility to access either US dollar or Singapore dollar funding as it accelerates investments across its core businesses.

The listed conglomerate said the facility forms part of its broader strategy to diversify funding sources, enhance capital resilience, and deepen the integration of sustainability into its financing framework amid growing investor preference for ESG-linked assets.

“This facility enables us to support Ayala’s growth initiatives while reinforcing our commitment to responsible and sustainable business practices. It also reflects Ayala’s ability to access funding at attractive terms under this challenging environment,” said Juan Carlos L. Syquia, chief finance officer, chief risk officer, and finance group head of Ayala Corporation.

Ayala said proceeds from the facility will support the continued development and expansion of its portfolio across key sectors, reflecting sustained market confidence in the group’s credit profile and long-term growth trajectory.

“This transaction strengthens Ayala’s ability to access diversified funding sources and widen reach of our partnership in the region. It reflects our disciplined approach to capital management and the continued integration of sustainability into our financial strategy,” said Estelito C. Biacora, executive director and treasurer of Ayala Corporation.

For DBS, the financing deal reflects increasing momentum for sustainability-linked capital solutions in Southeast Asia.

“This sustainability-linked facility marks an important step in Ayala Corporation’s efforts to deepen financial innovation and build greater resilience. As the group’s first SGD-denominated hedged loan, the facility enables Ayala Corporation to choose between USD or SGD borrowing which provides greater flexibility and more diversified funding sources,” said Lim Wee Seng, group head of Energy, Renewables and Infrastructure, Sustainability, Project Finance, and Strategic Advisory of DBS.

The signing ceremony was held on May 6, 2026 at Ayala’s headquarters in Makati City.

The latest transaction adds to Ayala Group’s growing sustainable finance portfolio, which stood at approximately $6.9 billion as of end-2025, underscoring investor confidence in the conglomerate’s ESG-aligned businesses and disciplined capital management approach.