BIZ BUZZ: ALI unlocks new awards
Ayala Land Inc. (ALI) is having quite a year.
Just last month, the Zobel family-led industry giant took home several awards at the FinanceAsia Achievement Awards for financial excellence and sustainable financing.
ALI, whose properties span multiple cities and provinces, bagged the Best Issuer-Corporates, APAC award, besting other issuers from key markets like Australia, China, Hong Kong and New Zealand.
“The award underscores the company’s strong financial management, strategic fundraising and commitment to sustainable and innovative financing solutions,” ALI said in a recent statement.
In case you missed it, the developer also raised P6 billion from its 10-year Asean (Association of Southeast Asian Nations) sustainability-linked bond issuance last year, the first of its kind in the country.
If you’ve been paying attention to the bond market, other companies followed suit and launched the same thematic bond issuance.
This resulted in ALI taking home the Best Structured Finance Deal in Southeast Asia and Most Innovative Deal in the Philippines.
For driving the company’s financial strategies and ensuring “fiscal resilience,” ALI chief finance officer Augusto Bengzon was named Best CFO-Corporates, Southeast Asia.
And it’s just the third month of an already busy year!
