Energy Development Corporation (EDC) is planning to issue P3 billion worth of Green Bonds with an oversubscription option of up to P2 billion. Philippine Rating Services Corporation (PhilRatings) said it has assigned its highest issue credit rating of PRS Aaa, with a Stable Outlook, for...
Robinsons Bank Corporation, a member of the Gokongwei group of companies, has received a PRS Aa (corp.) issuer credit rating in relation to its outstanding Fixed-Rate bond issue of P5.0 billion due in November 2021. Philippine Rating Services Corporation (PhilRatings) said it has also assigned...
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...
STI Education Services Group, Inc.’s (STI ESG) outstanding bond issuance of P3.0 billion has been assigned an issue credit rating of PRS A plus, with a Negative Outlook. In a statement, Philippine Rating Services Corporation (PhilRatings) said this was changed from its previous rating...
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...
Philippine Rating Services Corporation (PhilRatings) has maintained its "A" rating for Cirtek Holdings Philippines Corporation. In a statement, the ratings firm said it has assigned Cirtek an Issuer Credit Rating of PRS A (corp.), with a Stable Outlook. A company rated PRS A (corp.)has an...
Asia United Bank Corporation (AUB) is seen to continue growing its current accounts and savings accounts’ share in deposits through aggressive market marketing and focus on information technology. The expected improvement in its funding source is among the reasons why the bank has been assigned a...
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...
Aboitiz Power Corporation is planning to raise up to P8 billion from a proposed bond issuance as the initial tranche of its new three-year Shelf Registration of up to P30 billion. The firm is planning to offer bonds worth up to P4 billion with an oversubscription option of up to P4 billion to...