The Alcantara family’s holding company Alsons Consolidated Resources, Inc. (ACR) has received a high Issuer Credit Rating rating of PRS Aa minus (corp.), with a Stable Outlook, for its P3.0 billion Commercial Paper (CPs) Program. In a statement, Philippine Rating Services Corporation...
Petron Corporation, the Philippines’ largest oil company, has retained the highest Issue Credit Rating of PRS Aaa with a Stable Outlook from Philippine Rating Services Corporation (PhilRatings) for its outstanding bonds worth P38.0 billion. Obligations rated PRS Aaa are of the highest...
The Lopez Group’s Energy Development Corporation (EDC) is planning to raise up to P10 billion from a planned ASEAN Green Bond issuance to fund its expansion plans. Philippine Rating Services Corporation (PhilRatings) said it has assigned the highest Issue Credit Rating of PRS Aaa, with a Stable...
The Sy family-controlled SM Prime Holdings, Inc., one of the leading integrated property developers in Southeast Asia, is planning to raise up to P25 billion from the first tranche of its P100 billion bonds to be shelf-registered with the Securities and Exchange Commission. In a disclosure to the...
Philippine Rating Services Corporation (PhilRatings) has assigned National Reinsurance Corporation of the Philippines (Nat Re), the country’s sole professional reinsurer, a financial strength rating of PRS A with a Stable Outlook. An insurer rated PRS A has strong financial security...
National Home Mortgage Finance Corporation (NHMFC) is raising P533.1 million from its proposed sixth securitization transaction for its NHMFC Bonds 2023. Philippine Rating Services Corporation (PhilRatings) announced that it has assigned Final Issue Credit Ratings of PRS A plus to the P290.0...
Billionaire Manuel B. Villar listed property developer Vista Land & Lifescapes Inc. has successfully raised P6 billion through the issuance of triple-A rated peso-denominated fixed-rate bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the bonds consist of Series F...
The Gotianun Group’s property development arm Filinvest Land Inc. (FLI) has successfully raised P11.43 billion in fresh capital from the bond market to fund capital expenditures and refinance debt. In a disclosure to the Philippine Stock Exchange (PSE), FLI said its 3.5-year peso fixed-rate...
The Gotianun Group’s investment arm Filinvest Development Corporation’s (FDC) planned P10-billion bond offering has been assigned the highest Issue Credit Rating of PRS Aaa, with a "stable outlook" by Philippine Rating Services Corporation (PhilRatings). FDC is planning a bond issuance of P7...
Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, is planning to raise up to P32 billion through the issuance of peso-denominated fixed rate bonds in one or more tranches. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has filed online via...
Philippine Rating Services Corporation (PhilRatings) has assigned its highest Issue Credit Rating of PRS Aaa to Filinvest Land Inc.’s planned bond issuance of up to P12 billion. FLI is planning a P10 billion bond issuance, with an oversubscription option of up to P2 billion. The bonds were...
Richest Filipino Manuel B. Villar Jr.’s Vista Land and Lifescapes Inc. has received the highest PRS Aaa issue credit rating, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its planned bond issuance of up to P10 billion. Vista Land, one of the country’s...
