SM Prime Holdings Inc. is planning to raise up to P10 billion from the issuance of bonds representing the second tranche of its Three-year Shelf Registration Debt Securities Program (DSP) of up to P100.0 billion Philippine Rating Services Corporation (PhilRatings) said it has assigned the...
The Issue Credit Rating for Arthaland Corporation’s (ALCO) P3.0 billion Fixed-rate ASEAN Green Bonds has been upgraded by Philippine Rating Services Corporation (PhilRatings) to PRS Aa,from PRS Aa minus. AStable Outlook was likewise assigned to the rating for the initial issuance in...
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...
National Home Mortgage Finance Corporation (NHMFC) is planning a fourth securitization exercise called BALAI Bonds 2, for a portion of its Residential Loan portfolio. The exercise will involve a total issuance of around P319.322 million, consisting of one tranche of Senior Notes and one tranche of...
Filinvest Land Inc. reported that the Issue Credit Rating of subsdiary Cyberzone Properties, Inc.’s (CPI) P6 billion outstanding bonds was maintained at the highest PRS Aaa, with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings). In a disclosure to the...
Philippine Saving Bank (PSBank), the consumer and retail bank arm of the Metrobank Group, has been given the highest Issuer Credit Rating of PRS Aaa (corp.), with a Stable Outlook, by the Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aaa...
JG Summit Holdings, Inc. (JGSHI) has maintained the top issue credit rating of PRS Aaa, with a Stable Outlook, for its outstanding P5.5 billion Fixed-Rate Bonds as it is seen to weather the challenges posed by the COVID-19 pandemic. In giving the bonds its triple-A rating, Philippine Rating...
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...
