Ayala Corp. on Tuesday announced securing a USD200 million senior long-term loan from the Metropolitan Bank and Trust Co. (Metrobank) under a business partnership that has flourished the past three decades.
The loan will enhance Ayala’s strategic initiatives focusing on key sectors such as technology, health, logistics, and mobility.
The deal was formalized in mid-September, with Ayala chief finance officer Alberto de Larrazabal and treasurer Estelito Biacora representing the company, while Metrobank’s institutional banking head Mary Mylene Caparas and large corporate head Maria Elena Trinidad stood for the bank.
Caparas emphasized Metrobank’s commitment to supporting Ayala’s growth, aligning with their shared mission of fostering innovation and contributing to the Philippines’ socio-economic development.
“This agreement will sharpen our portfolio and enable us to invest in clear business winners,” de Larrazabal said, highlighting the bank’s role in Ayala’s ongoing evolution.
As one of the largest and most trusted financial institutions in the country, Metrobank has a rich history of supporting Ayala’s ventures, from real estate and renewable energy to data centers. This loan is not just financial assistance; it’s a testament to a longstanding collaboration aimed at empowering individuals and businesses across the Philippines.
