Tag Archives: Plantersbank

Plantersbank Does P1.0 Billion Tier-2 Capital Note Issue; Gets a PRS A Rating

Planters Development Bank’s (Plantersbank) P1 billion in unsecured subordinated notes gets a PRS A rating, according to PhilRatings, the country’s pioneer domestic credit rating agency. The PRS A rating means that: “…an issue has favorable investment attributes and is considered as an upper-medium grade obligation. Factors giving security to principal and interest are considered adequate, […]

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