NLEX Corporation, a subsidiary of Metro Pacific Tollways Corporation, has retained its highest Issue Credit Rating of PRS Aaa with a Stable Outlook from the Philippine Rating Services Corporation (PhilRatings) for its outstanding fixed-rate bonds worth P6.0 billion. Obligations rated PRS Aaa are of...
Tanco-led STI Education Services Group Inc. (STI ESG) has retained the Issue Credit Rating of PRS A plus from Philippine Rating Services Corporation (PhilRatings) for its outstanding bond issuance of P820 million. PhilRatings said this is based on its on-going and initial review of the account...
Philippine Rating Services Corporation (PhilRatings) has maintained its rating of PRS Aa minus for Tranche 3 of MRT Funding Corporation’s Asset-Backed Notes, with a stable outlook. The Asset-Backed Notes issue is a securitization of future dividends from Metro Rail Transit Corporation...
Senate President Francis “Chiz” Escudero and House Speaker Ferdinand Martin Romualdez expressed their elation over the high trust and performance ratings they received following the release of the latest OCTA Research survey. House Speaker Martin Romualdez (left), Senate President Francis...
By DERCO ROSAL The Philippines is poised for potential credit rating upgrade given the country’s resilient economy and positive growth outlook, global banking giant Citi executives stated. “Citi executives expressed confidence that the country is well-positioned for a credit...
DoubleDragon Corporation’s planned bond offering of up to P10 billion has been assigned the highest issue credit rating of PRS Aaa, with a stable outlook, by Philippine Rating Services Corporation (PhilRatings). The firm is planning a P5 billion bond issuance with an oversubscription option of up...
Albay 2nd district Rep. Joey Salceda (left) and President Ferdinand "Bongbong" Marcos Jr. (Facebook) Economist-solon Albay 2nd district Rep. Joey Salceda is predicting "A-level" credit ratings for the Philippines before President Marcos...
Real estate giant Ayala Land Inc. is planning to issue another P10 billion worth of Sustainability-linked (SL) Bonds after recently raising P20.5 billion from P6 billion in SL Bonds and P14.5 billion in SL Loans from the International Finance Corporation (IFC). According to Philippine Rating...
Despite a rise in satisfaction ratings, President Marcos assured the public that his administration would do better as he renewed his vow to improve the lives of the people. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate ) Marcos said after the Social Weather Stations (SWS) survey last...
President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate/Manila Bulletin) President Marcos' administration experienced a significant increase in net satisfaction ratings in the second quarter of 2024, based on the latest Social Weather Stations (SWS) survey results. In a report published on Friday,...
Just two months after its P6 billion bond issuance, property developer DoubleDragon Corporation is planning to raise P4 billion through the offering of bonds from the second tranche of its P10 billion shelf registered bonds program. For this planned issuance, Philippine Rating Services Corporation...
House Speaker Martin Romualdez (Speaker’s office) Speaker Martin Romualdez has once again credited his House of Representatives colleagues for his rising trust ratings, as shown by the results of the latest OCTA Research survey. “We...
