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...
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...
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...
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...
