Ayala resuscitates fixed-for-life perps

Morgan Davis

October 24, 2019 12:00 pm

Fotolia Philippines 230x150 — Beautiful view of Palau tropical islands and Pacific ocean from above | BlueOrange Studio - Fotolia

Philippine conglomerate Ayala Corp raised $400m this week, after bringing fixed-for-life perpetuals back to the Asian bond market.

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Topics

Corporate Bonds Philippines Asia Southeast Asia Asean Asia Pacific Emerging Markets HSBC High grade and crossover bonds

MD

Morgan Davis

Deputy editor GlobalCapital Asia