AEV maintains highest credit rating for outstanding bonds

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February 3, 2026 | 12:00am

MANILA, Philippines — Conglomerate Aboitiz Equity Ventures Inc. (AEV) has maintained the highest credit rating for its total outstanding bonds amounting to P34.3 billion.

AEV said the Philippine Rating Services Corp. (PhilRatings) maintained an issue credit rating of PRS Aaa with a stable outlook on its outstanding bonds.

Obligations rated PRS Aaa are of the highest quality with minimal credit risk, reflecting the extremely strong capacity of the obligor to meet its financial commitments.

A stable outlook, meanwhile, indicates that the rating is likely to be maintained or to remain unchanged over the next 12 months.

Among the key considerations for the rating and outlook were AEV’s healthy cash flows and liquidity position, as well as its manageable leverage profile.

Also considered were AEV’s experienced shareholders and management that is supported by a strong track record and the group’s highly diversified investment portfolio, with consolidated performance led by the power segment.

AEV has major investments in power, banking, food, infrastructure, land and data science.

AEV is in a continuous process of capacity building, specifically in artificial intelligence adoption and data literacy across all its departments as part of its transformative journey to becoming the Philippines’ first techglomerate.

As part of its commitment to advancing business and communities through its environmental, social and governance-driven initiatives, the company recently entered into a strategic partnership with circular economy company Humble Sustainability.

Through the collaboration, AEV is demonstrating how the responsible management of retired technology assets can deliver sustained environmental and social impact.

“This partnership shows how circularity can translate into real, measurable impact. By extending the life of our technology assets, we reduce our environmental footprint while generating resources that directly benefit our partner communities,” AEV chief reputation and sustainability officer and Aboitiz Foundation president Ginggay Hontiveros-Malvar said.

More than 1,000 retired information technology and electronic assets including laptops, printers, VOIP phones and servers have been turned over by the Aboitiz Group to Humble Sustainability for responsible repurposing.

The assets are diverted from landfills and reintroduced into productive use through refurbishment, resale, donation or proper recycling.

Proceeds from the initiative have contributed to the Aboitiz Foundation, augmenting funds for one of its flagship programs.