Tag Archives: PRS Aa

MRT III’s Asset-Backed Securities (ABS) Rated PRS Aa

By Credit Rating Philippines dot com | October 30, 2003

“MRT III Funding Corporation’s (MRT III) ABS have been rated PRS Aa,” PhilRatings announced as it completed its first credit rating of ABS. Tranche details of the ABS are as follows:

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Robinsons Land’s P2.0 Billion Bonds Rated PRS Aa

By Credit Rating Philippines dot com | October 16, 2002

“The rating for Robinsons Land Corporation’s (Robinsons Land) P2.0 billion bonds is PRS Aa,” PhilRatings announced. The bonds, to be issued within the year, will mature five years and one day from issue date. A PRS Aa rating is defined as: “With large margins of protection. Fluctuations of protective elements, however, may be of greater […]

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Stradcom to Issue P1.2 B in IT Bonds, Gets “Aa” Rating

By Credit Rating Philippines dot com | May 15, 2002

The proposed P1.2 Billion IT Bonds to be issued by Stradcom Corporation have been rated PRS Aa by PhilRatings. PRS Aa is the second highest possible rating for long-term issues. Stradcom Corporation (Stradcom) is a project company tasked to develop and operate information technology facilities for driver licensing and motor vehicle registration transactions of the […]

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ALI Raises Bond Issue to P3.0 Billion, Keeps Aa Rating

By Credit Rating Philippines dot com | April 3, 2002

PhilRatings affirmed its PRS Aa rating on Ayala Land Inc.’s proposed P3 billion bond issue. ALI is increasing its proposed bond issue to P3 billion, from the P2 billion that was previously announced, after receiving through its issue Manager, BPI Capital Corporation, strong interest from participating underwriters. ALI’s P6 billion long-term commercial papers maturing this […]

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ALI’s Proposed P2.0 Billion Bonds Rated PRS Aa

By Credit Rating Philippines dot com | January 29, 2002

“Ayala Land, Inc.’s (ALI) proposed P2.0 billion bonds are rated PRS Aa,” PhilRatings announced. ALI intends to issue up to P2.0 billion in bonds for re-financing purposes, as well as to fund various development projects. The term of the bond will be 5-7 years. Lead underwriter is BPI Capital Corporation.

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Filinvest’s LTCPs Maintain PRS Aa Rating

By Credit Rating Philippines dot com | October 8, 2001

Filinvest Land, Inc. (FLI) will be issuing an additional P1.0 billion in long-term commercial papers (LTCPs) this year. In 1999, it issued P2.0 billion in LTCPs and these will mature by November 2004. PhilRatings has given a rating of PRS Aa to the new P1.0 billion issue and has also maintained the same rating for […]

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