The social loan, which will support the portfolio growth of Ayala's healthcare arm AC Health, is the first euro-denominated social loan that ING has structured for a Philippine conglomerate.
"At Ayala, we always look for like-minded partners who believe in our purpose. This sustainable finance transaction from ING confirms our commitment to building businesses that enable people to thrive," Ayala CFO Albert de Larrazabal said.
This story is from the December 19, 2024 edition of The Philippine Star.
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This story is from the December 19, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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