Monthly Archives: January 2002

ALI’s Proposed P2.0 Billion Bonds Rated PRS Aa

“Ayala Land, Inc.’s (ALI) proposed P2.0 billion bonds are rated PRS Aa,” PhilRatings announced. ALI intends to issue up to P2.0 billion in bonds for re-financing purposes, as well as to fund various development projects. The term of the bond will be 5-7 years. Lead underwriter is BPI Capital Corporation.

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