ALI Lists P8B Sustainability- Linked Bonds

ALI SVP and Group Head of Leasing and Hospitality Mariana Zobel de Ayala, ALI Group General Counsel and Corporate Secretary Atty. Maria Franchette M. Acosta, PDTC President and CEO Ma. Theresa Ravalo, ALI VP and Head of Corporate Finance Jose Eduardo Quimpo II, ALI President and CEO Anna Ma. Margarita Dy, ALI SVP and Chief Sustainability Officer Robert Lao, ALI AVP and Deputy Treasurer Jose Emilio Jamir, PDEx President and CEO Antonino Nakpil at the bell-ringing ceremony for the listing of the P8 Billion Sustainability-Linked Bond on November 13

The success of this sustainability-linked financing program, novel as it may in the country, shows that the Philippine investing community realizes that sustainable finance is integral to the urgent pursuit of sustainability.

ANNA MA. MARGARITA DY
ALI President and CEO

Ayala Land, Inc. (ALI) marked a significant milestone with the successful listing of its follow-on P8 billion 10-year Sustainability-Linked Bond (SL-Bond) on the Philippine Dealing & Exchange Corporation (PDEx). This latest issuance is part of ALI's growing P28 billion sustainability-linked financing program, which began in July 2024, with the launch of the country's first-ever SL-Bond.

With the new tranche, ALI's total SL-Bond issuance now reaches P14 billion, solidifying the company's leadership role in sustainable finance in the Philippines. The bonds are linked to specific sustainability performance targets, further reinforcing the company's commitment to achieving net zero emissions by 2050, and advancing its broader environmental and social sustainability objectives.

Sustainability-linked bonds offer investors an interest rate that is tied to the issuer's performance in meeting defined sustainability targets. This innovative approach allows ALI to raise capital for long-term projects while simultaneously making tangible progress toward achieving its sustainability goals. The growing appetite for such instruments indicates a shift in how investors approach the intersection of financial returns and environmental, social, and governance (ESG) outcomes. This latest issuance not only reflects ALI's commitment to environmental stewardship, but also signals the growing confidence of investors in aligning financial returns with sustainable impact.