March 26, 2018 / 4:27 AM / in 7 months

BRIEF-Ayala Land Inc Clarifies On News Article ‍​

March 26 (Reuters) - Ayala Land Inc:

* CLARIFIES ON NEWS ARTICLE ENTITLED “AYALA LAND SEEKS SEC NOD TO ISSUE P10-BILLION 10-YEAR BONDS” POSTED IN MANILASTANDARD.NET ‍​

* CLARIFIES THAT TO DATE, CO HAS ISSUED AGGREGATE OF 32-BILLION PESOS IN DEBT SECURITIES

* SAYS UPON ISSUANCE OF 10-BLN PESOS, 10-YEAR BONDS, CO WILL HAVE BALANCE OF 8-BLN PESOS FOR ISSUANCE UNDER SHELF REGISTRATION WITH SEC‍​‍​ Source text for Eikon: Further company coverage:

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