The San Miguel group’s South Luzon Tollway Corporation has retained the highest PRS Aaa issue credit rating with a stable outlook from the Philippine Rating Services Corporation (PhilRatings) for its outstanding Fixed-rate bonds of P4.9 billion. SLTC was incorporated primarily to engage in...
Aboitiz Equity Ventures, Inc. is planning to raise up to P10 billion from a proposed bond issue as part of its three-year shelf registration program amounting to P30 billion. The planned offering will have a base issue size of up to P5 billion, with an oversubscription option of up...
Pacific Cross Insurance, Inc. (Pacific Cross), a Philippine-based insurance company that specializes in medical, travel and accident insurance, was assigned a financial strength rating of PRS A by Philippine Rating Services Corporation (PhilRatings). A PRS A rating means that an insurer has strong...