Megawide Construction Corporation’s proposed bond issue of up to P4 billion has been assigned an issue credit rating of PRS Aa with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said Megawide plans to issue bonds worth P3.0 billion, with an...
Real estate giant Ayala Land Inc. is planning to raise up to P33 billion from a planned bond issuance of P22 billion with an oversubscription option of up to P11.0 billion. The proceeds of the proposed bond offering will be used by the firm for refinancing and to fund general corporate...
Metro Pacific Investments Corporation (MPIC) recently made it to the top echelon of Asia Pacific firms in terms of Environmental, Social and Governance (ESG) Risk rating. “We are relentless in our pursuit to drive MPIC towards sustainable growth," MPIC Chairman, President and Chief Executive...
Malacañang expressed its gratitude to the public for its continued trust in President Duterte and assured them that the administration's "tapang at malasakit" (courage and concern) leadership would continue until the last day of his six-year term. Communications Secretary Martin Andanar thanks...
Filinvest Land Inc. is planning to raise up to P11.9 billion from its proposed P8.0 billion bond issuance, with an oversubscription option of up to P3.9 billion. In a statement, Philippine Rating Services Corporation (PhilRatings) said it has assigned its highest Issue Credit Rating of PRS Aaa to...
Japanese debt-watcher Rating and Investment Information Inc. (R&I) has maintained the investment grade credit rating for the Philippines on the back of solid growth despite the prolonged pandemic. In a statement, R&I said on Tuesday, April 19, that it affirmed the country’s foreign...
Philippine Saving Bank (PSBank), the consumer and retail bank arm of the Metrobank Group, retained the highest Issuer Credit Rating of PRS Aaa (corp.), with a Stable Outlook, from the Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aaa (corp.) has a very strong capacity to...
Ayala Corporation is seeking the approval of the Securities and Exchange Commission for its planned issuance of up to P15 billion worth of fixed rate bonds as the second tranche of its P30 billion shelf registered debt securities program. In a disclosure to the Philippine Stock Exchange, Ayala said...
President Duterte's approval and trust ratings are higher in April 2022 than at any point in 2021 according to results of the latest independent and non-commissioned Publicus Pahayag 2022 survey. President Rodrigo Duterte (Malacañang photo) The survey results, released on Monday, April 11,...
Arthaland Corporation, the property development arm of the Po family, has maintained the Issue Credit Rating of PRS Aa, with a Stable Outlook for its P3-billion Fixed-rate ASEAN Green Bonds. In a disclosure to the Philippine Stock Exchange, the firm said this is the initial issuance in relation to...
The camp pf presidential bet Bongbong Marcos refuses to fall victim to complacency despite the candidate's high preference rating of 56 percent based on the latest Pulse Asia survey results. Presidential candidate Bongbong Marcos (Lakas-CMD Media) In fact, Marcos's spokesperson, lawyer Vic...
Real estate giant Ayala Land Inc. is planning to raise up to P12 billion from the issuance of bonds to fund its capital expenditures this year as well as for the refinancing of obligations. Philippine Rating Services Corporation (PhilRatings) said it has assigned its highest Issue Credit Rating of...
