AYALA Corp. (AC) has received a foreign currency long-term issuer rating of "A-" from Japan Credit Rating Agency, Ltd. (JCR), a development expected to boost its capacity to access yen-denominated loans at competitive rates.
JCR said that Ayala's creditworthiness was due to stable cash flows from its four main businesses and a relatively favorable financial balance that would support the growth potential of its portfolio.
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