Ayala Corporation announced PHP 10 Billion 6.80% Fixed Rate Multiple Put Bonds Due 2021 (the "Bonds") with outstanding balance of PHP 9,903,400,000.00, net of PHP 96.6 million redeemed via Put Option exercised by Bondholders on May 12, 2019, will be fully redeemed on Maturity Date, May 12, 2021, in accordance with the Prospectus and the Terms and Conditions of the Bonds annexed to the Trust Indenture dated May 2, 2011. The Bonds shall be redeemed by payment in cash of the redemption price set at 100% of the Issue Price plus all accrued and unpaid interest based on the coupon rate of 6.80% per annum.