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ALI leads push for greener property sector
The Philippine Star
|July 22, 2024
Real estate giant Ayala Land Inc. (ALI) reinforced its push for a greener property sector in the country after successfully raising P20.5 billion through its pioneering sustainabilitylinked financing program.
Marking a first for the Philippine real estate sector, the funding package includes a P6 billion sustainability-linked bond and a P14.5 billion sustainability-linked loan from the International Finance Corp. (IFC).
"This landmark investment drives our efforts in portfolio decarbonization, reinforcing our commitment to a greener property sector in the Philippines," ALI president and CEO Meean Dy said.
ALI said the sustainability-linked financing program aligns the company's financial commitments with its environmental targets.
यह कहानी The Philippine Star के July 22, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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