Tag Archives: PRS 1

PCI Leasing to Issue P1 Billion in STCPs; Gets PRS 1 Rating

“The rating for PCI Leasing and Finance, Inc.’s (PCI Leasing) proposed P1.0 billion in short-term commercial papers (STCPs) is PRS 1,” PhilRatings announced. A rating of PRS 1 is defined as: “Strongest capability for timely payment of debt instrument issue on both interest and principal.”

Posted in Issue and Issuer Credit Ratings | Also tagged | Comments closed

PCI Leasing to Issue P500 Million in STCPs; Gets PRS 1 Rating

“The rating for PCI Leasing and Finance, Inc.’s (PCI Leasing) proposed P500 million in short-term commercial papers (STCPs) is PRS 1,” PhilRatings announced. A rating of PRS 1 is defined as: “Strongest capability for timely payment of debt instrument issue on both interest and principal.” The amount being applied for represents a significant increase from […]

Posted in Issue and Issuer Credit Ratings | Also tagged | Comments closed

ALI’s New P2.0 Billion STCP Rated PRS 1

“Ayala Land, Inc.’s (ALI) proposed short-term commercial paper issue (STCP) amounting to P2.0 billion is rated PRS 1,” PhilRatings announced as it also maintained the PRS Aaa ratings for ALI’s outstanding P3.0 billion bonds, maturing in 2007 and its P2.0 billion bonds, maturing in 2008. At present, ALI has an existing P1.0 billion STCP issue […]

Posted in Issue and Issuer Credit Ratings | Also tagged , | Comments closed

PCI Leasing’s P100 Million STCPs Rated PRS 1

Philippine Rating Services Corporation (PhilRatings) announced that PCI Leasing and Finance Inc.’s (PCI Leasing) P100 million in short-term commercial papers (STCPs) have been assigned a rating of PRS 1. A rating of PRS 1 is defined as: “Strongest capability for timely payment of debt instrument issue on both interest and principal.”

Posted in Issue and Issuer Credit Ratings | Also tagged | Comments closed

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 […]

Posted in Issue and Issuer Credit Ratings | Also tagged | Comments closed

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. […]

Posted in Issue and Issuer Credit Ratings | Also tagged | Comments closed