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Mar 19, 2015

Listing ceremony held for ALI’s landmark P16B equity placement

March 18, 2015 – Ayala Land, Inc. (ALI) capped its landmark P16 billion equity top-up placement with a ceremonial ringing of the bell held on March 18 at the trading floor of the Philippine Stock Exchange in Makati.

Historically the company’s largest fund-raising transaction to-date, proceeds from the placement will partly finance the P100 billion capital expenditure program that the company has set for 2015. This will enable ALI to further establish its presence in new growth centers in the country and build-up its portfolio of integrated, mixed-use estates.

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