Please ensure Javascript is enabled for purposes of website accessibility



We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies enable us to add real value to our clients’ businesses.

View all services


Our experts provide independent guidance spanning advice and training to implementation and evaluation across sustainable investing, regulatory compliance and tech. Our tailored advice meets clients' specific needs, delivering flexible solutions and support.

View all Consulting


Our sector approach relies on smart collaboration between our business divisions, our service lines and our jurisdictions. These sector-based teams have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients see around corners.

View all sectors


Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Irish, Jersey and Luxembourg law through our global network of offices across the Asian, Caribbean and European timezones. Ogier is the only firm to advise on this unique combination of laws.

News and insights

Keep up to date with industry insights, analysis and reviews. Find out about the work of our expert teams and subscribe to receive our newsletters straight to your inbox.

Fresh thinking, sharper opinion.

About us

We get straight to the point, managing complexity to get to the essentials. Our global network of offices covers every time zone. 

No Content Set

Ogier advises International Finance Corporation on first healthcare-focused social bond issued in Ph


08 February 2022

Hong Kong

Ogier has acted as Cayman Islands counsel to the International Finance Corporation (the IFC) on the launch of a US$100 million 10-year social bond - the Philippines' first ever social bond in the healthcare sector.

An Ogier team in Hong Kong advised the IFC, a member of the World Bank Group, in connection with its subscription for a social bond issued by AYC Finance Limited, a Cayman subsidiary of Ayala Corporation, and guaranteed by Ayala Corporation.

The proceeds of the social bond will be used to support Ayala Group's healthcare arm, Ayala Healthcare Holdings Inc (AC Health) and, in particular, will be used for financing the development of a new cancer hospital, refinancing the expansion of its network of primary care and multi-specialty clinics and accelerating its digital technology initiatives.

The social bond will support AC Health's strategy to build an integrated health ecosystem designed to provide quality and affordable healthcare for the community in the Philippines. The investment also marks a step in the development of a social bond market in the Philippines.

The Ogier team was led by partner Anthony Oakes, with support from senior associate Yuki Yan and associate Nicole Lai.

Anthony said: "We are extremely proud to have supported the IFC on this ground-breaking transaction and successful issue of the first social bond in the healthcare sector in the Philippines. Sustainability-linked, green and ESG-focused bond issuances will continue to grow in the Asian market and we are glad to play a role and share our commitment to ESG development in the region".

Ogier has advised on a number of sustainable debt capital markets products. For more information, please contact Anthony Oakes or Yuki Yan.

In addition, Ogier also offers advice on the implementation and delivery of sustainable investing and ESG mandates, for more information please get in touch with Leonie Kelly.

No Content Set