SEC News Service Series of 2014 October 16, 2014


Ayala Corp. dropped its plan to use the proceeds of its preferred-shares sale to augment the company's capital spending, and will channel the money instead to its debt-servicing program.

The company earlier earmarked the proceeds to fund P4 billionworth of projects under AC Infrastructure.

Source InstitutionSecurities and Exchange Commission
Source URL
Page Count25
Place of PublicationMandaluyong City
Original Publication DateOctober 16, 2014
Tags Newsletter