Monthly Archives: October 2002

PLDT’s P2.0 Billion STCPs Rated PRS 1

“The rating for Philippine Long Distance Telephone Company’s (PLDT) P2.0 billion short-term commercial papers (STCPs) is PRS 1,” PhilRatings announced. PRS 1 is the highest rating possible on PhilRatings’ short-term rating scale. A PRS 1 (Best Grade) rating is defined as: “Strongest capability for timely payment of debt instrument issue on both principal and interest. […]

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Robinsons Land’s P2.0 Billion Bonds Rated PRS Aa

“The rating for Robinsons Land Corporation’s (Robinsons Land) P2.0 billion bonds is PRS Aa,” PhilRatings announced. The bonds, to be issued within the year, will mature five years and one day from issue date. A PRS Aa rating is defined as: “With large margins of protection. Fluctuations of protective elements, however, may be of greater […]

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