Tag Archives: FBDC

FBDC’s P330 Million STCPs Maintain PRS 3 Rating

“The rating for Fort Bonifacio Development Corporation’s P330 million short-term commercial papers (STCPs) is PRS 3,” PhilRatings announced. A PRS 3 (Good Grade) rating is defined as: “Satisfactory capability for payment of debt instrument issue on both principal and interest. The effect of industry characteristics and market composition may be more pronounced. Variability in earnings […]

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FBDC’s Commercial Papers Rated PRS 3 and PRS Baa

Fort Bonifacio Development Corporation’s (FBDC) short-term commercial paper line, amounting to P1.0 billion, and its proposed long-term commercial papers (LTCPs), amounting to P2.0 billion, have been given ratings of PRS 3 and PRS Baa, respectively.

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