Pasay City's lone public hospital, the Pasay City General Hospital (PCGH), has now been placed under the normal/ safe risk rating classification after achieving a 59 percent occupancy rate. (PCGH / MANILA BULLETIN) Dr. John Victor De Gracia, PCGH officer-in-charge, said the new classification means...
Security Bank Corporation reported that the Japan Credit Rating Agency, Ltd. (JCR) has affirmed its A- investment grade credit rating with stable outlook, the same level as the Philippine sovereign rating. In a disclosure to the Philippine Stock Exchange, Security Bank quoted JCR as saying that the...
Ayala Corporation is planning to raise up to P10 billion from the issuance of fixed-rate bonds as the initial tranche of its planned three-year Debt Securities Program (DSP) of up to P30.0 billion. In a disclosure to the Philippine Stock Exchange, Ayala said it has filed its application for the...
BPI Family Savings Bank (BFSB), the consumer and retail banking arm of the Bank of the Philippine Islands (BPI), was assigned the highest issuer rating of PRS Aaa (corp.) with a stable outlook. Philippine Rating Services Corporation (PhilRatings) said a company rated “PRS Aaa” has a very strong...
Cirtek Holdings Philippines Corporation (CHPC) has been assigned an Issuer Credit Rating of PRS A (corp.) with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings) in relation to its P2 billion commercial paper issuance. This is the initial tranche from a proposed Shelf...
ORIX METRO Leasing and Finance Corporation (ORIX METRO), a unit of the Metrobank Group, was assigned a high issuer credit rating of PRS Aa plus (corp.)with a Stable outlook by Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aa (corp.) differs from the highest rated...
The National Home Mortgage Finance Corporation (NHMFC) has raised a total of P319.32 million with the closing of its fourth securitization transaction called ‘BALAI Bonds 2’, for a portion of its Residential Loan portfolio. The transaction consists of one tranche of Senior Notes and one tranche...
SL Agritech Corporation (SLAC), the leading producer of hybrid rice seeds and premium rice in the Philippines, has been assigned a high issuer credit rating of PRS Aa (corp.), with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). PhilRatings said the rating was given...
Alsons Consolidated Resources, Inc. (ACR) is planning to raise P2 billion from the issuance of commercial papers (CPs) as the first tranche of its new commercial paper program of up to P3.0 billion. In relation to this, Philippine Rating Services Corporation (PhilRatings) said it has assigned...
One of the three major international debt watchers has kept the Philippines’ investment grade credit rating due to the nation's manageable fiscal situation despite the coronavirus-induced recession. Fitch Ratings said that the growth prospects in the Philippines remain favorable, particularly...
Having an important role in helping boost recovery during this pandemic, Small Business Corporation (SBCorp), the financing arm of the Department of Trade and Industry (DTI), was assigned a high Issuer Credit Rating of PRS A minus (corp.). Philippine Rating Services Corporation...
In the midst of the pandemic and the worst period in the history of aviation, flagship carrier Philippine Airlines (PAL) achieved the first five-star rating it has been working on for years. The US-based Airline Passenger Experience Association (APEX), a global non-profit and one of the world’s...
