Ayala Land secures P15B from Metrobank

By Brix Lelis

Jan 08, 2024 12:26 am

AYALA Land Inc. (ALI) has secured a 10-year loan amounting to P15 billion from Metropolitan Bank & Trust Co. (Metrobank) to further boost the property developer's growth.

The latest transaction made Metrobank ALI's second biggest lender, accounting for 23 percent of the firm's overall bank debt.

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