Monthly Archives: July 2006

Petron to Borrow Long-Term P5.5 Billion; Gets a PRS Aaa

“Petron Corp. (Petron) will be borrowing P5.5 billion long-term. The borrowing is rated PRS Aaa,” PhilRatings announced. A rating of PRS Aaa is given to debt obligations with the “smallest degree of investment risk. Interest payments are protected by a large or by an exceptionally stable margin and principal is secured. While the various protective […]

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