Monthly Archives: November 2002

Ayala Land to Issue P1 Billion in STCPs, Rated PRS 1

Ayala Land Inc. (ALI) will be issuing P1 billion in short-term commercial papers (STCPs). “The STCPs have been rated PRS 1,” PhilRatings announced. PRS 1 is the highest possible rating on PhilRatings’ short-term credit rating scale. A PRS 1 (Best Grade) rating means that ALI has the strongest capability for timely payment of its STCP […]

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