JCR keeps Ayala’s rating at ‘A-’

MANILA, Philippines – Ayala Corp. held on to a “A-“ foreign currency long-term issuer rating from the Japan Credit Rating Agency (JCR), a vote of confidence in the conglomerate’s diversified business portfolio, steady earnings base and prudent financial management. In its latest rating action, JCR reaffirmed Ayala’s rating with a stable outlook, citing the group’s