The Gotianun Group’s investment arm Filinvest Development Corporation’s (FDC) planned P10-billion bond offering has been assigned the highest Issue Credit Rating of PRS Aaa, with a "stable outlook" by Philippine Rating Services Corporation (PhilRatings). FDC is planning a bond issuance of P7...
Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, is planning to raise up to P32 billion through the issuance of peso-denominated fixed rate bonds in one or more tranches. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has filed online via...
Although President Marcos received a 77 percent job performance rating, while Vice President and Education Secretary Sara Duterte was not far behind with 76 percent, the RP-Mission and Development Foundation Inc. (RPMD) September 2023 survey said that both leaders suffered a drop in their...
Top leaders of the House of Representatives on Thursday, November 2 took turns commending Speaker Ferdinand Martin Romualdez for his exemplary leadership saying he has become the true embodiment of the “House of the People” due to his people-centered and pro-poor advocacies. Former...
House Speaker Martin Romualdez (Facebook) The House of Representatives is determined to cast aside "extraneous noise" in its bid to complete President Marcos' legislative agenda. Thus, said House Speaker Martin Romualdez, who on Thursday, Oct. 12 thanked...
Philippine Rating Services Corporation (PhilRatings) has assigned its highest Issue Credit Rating of PRS Aaa to Filinvest Land Inc.’s planned bond issuance of up to P12 billion. FLI is planning a P10 billion bond issuance, with an oversubscription option of up to P2 billion. The bonds were...
Credit Rating and Investors Services Philippines Inc. (CRISP Ratings) has reaffirmed its “AAA” issuer rating with a stable outlook on real estate tycoon Manuel B. Villar's Vista Land and Lifescapes Inc. (VLL). The highest rating was given based on the firm’s market leadership in property...
Richest Filipino Manuel B. Villar Jr.’s Vista Land and Lifescapes Inc. has received the highest PRS Aaa issue credit rating, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its planned bond issuance of up to P10 billion. Vista Land, one of the country’s...
Bank of Commerce (BankCom), the banking arm of conglomerate San Miguel Corporation (SMC), was assigned an Issuer Credit Rating of PRS Aa plus (corp.) with a "Stable Outlook" by Philippine Rating Services Corporation (PhilRatings). PhilRatings said an Issuer Credit Rating is an opinion on the...
Sovereign credit ratings may seem complicated, but they are essentially evaluations of a country's financial well-being. These ratings determine the likelihood of a country meeting its financial commitments and have significant effects on important economic factors that directly impact the lives of...
Aboitiz Equity Ventures’ (AEV) planned issuance of up to P17.45 billion worth of bonds has been given the highest ratings of PRS Aaa with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). In a statement, the ratings agency said AEV is planning a bond issue amounting...
Philippine Saving Bank (PSBank), the consumer and retail banking arm of the Metrobank Group, has maintained the highest Issuer Credit Rating of PRS Aaa (corp.), with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aaa (corp.) has a very strong...