Japan Credit Rating Agency, Ltd. (JCR) has reaffirmed Ayala Corp.’s A- foreign currency long-term issuer rating with a stable outlook, a move that the conglomerate said could support its access to funding sources, including the Japanese debt market. The rating action was reported by BusinessWorld.
Ayala Corp. noted that JCR’s continued confidence, as reflected in the A- rating, underscores the strength of its portfolio and validates its diversified business model. The stable outlook indicates that the rating is unlikely to change in the near term, barring any significant shifts in the company’s financial profile or operating environment.
The rating provides Ayala with a benchmark for tapping international capital markets, particularly in Japan where JCR’s assessment is widely recognized. The company, which has interests in real estate, banking, telecommunications, and infrastructure, continues to maintain a solid credit profile amid global economic uncertainties.