Philippine Rating Services Corp. (PhilRatings) said it has assigned an issue credit rating of PRS Aaa with a stable outlook ALl’s proposed sustainability-linked bonds amounting to P10 billion.
PRS Aaa is the highest rating assigned by PhilRatings, while a stable outlook indicates that the assigned rating is likely to be maintained or to remain unchanged in the next 12 months.
According to PhilRatings, key considerations in the assignment of the rating and the corresponding outlook include ALI’s well-diversified portfolio, which is complemented by strong brand equity as well as its experienced and competent management team and synergies with the Ayala Group.
Esta historia es de la edición September 22, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición September 22, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
ALI to raise P10 B from sustainability-linked bond issuance
Property giant Ayala Land Inc. (ALI) is planning to raise another P10 billion from the issuance of sustainability-linked bonds.
BCDA taps Danish firm for New Clark City decarbonization
The Bases Conversion and Development Authority (BCDA) has partnered with Danish firm Danfoss Philippines Inc.to come up with a decarbonization program for New Clark City (NCC).
Luna Securities cuts broker's commission rate to 0.12%
Luna Securities Inc.Exchange Inc., is capitalizing on the latest technology to offer what it claims to be an industry best broker’s commission rate.
Recognition system launched
Having your trademark or service mark registered with the Intellectual Property Office of the Philippines (IPOPHL) is the only way by which one can own such a mark and prevent others from using an identical or similar mark especially with respect to identical or similar goods or services without the owner's consent.
Seafood City launches digital marketplace
Seafood City, the biggest Filipinofounded grocery chain in North America, has partnered with Philippine brands for a digital marketplace app that will cater to global Filipinos.
First Gen awards LNG contract to Singapore-based supplier
First Gen Corp.of the Lopez Group is securing its fifth shipment of liquified natural gas (LNG) cargo from Singaporebased Shell Eastern Trading Pte. Ltd.next month.
Red Horse recognized as one of SE Asia's most powerful brands
San Miguel Brewery Inc.Red Horse Beer was the only Filipino brand that made it to Kantar BrandZ Top 30 Most Valuable Southeast Asian Brands for 2024.
Security Bank launches new platform for businesses
Security Bank Corp.is ramping up its support for micro, small and medium enterprises (MSMEs) and corporate clients as it launched Security Bank Collect, a new channel that offers businesses several payment options online.
Landbank to roll out e-wallet solutions in Q4
State-run Land Bank of the Philippines is poised to roll out its new e-wallet solutions in the fourth quarter to enhance financial inclusion and support government disbursements.
Potato Corner opens 2,000th store in Cebu
Shakey's Pizza Asia Ventures Inc.(SPAVI)'s kiosk-based food brand Potato Corner has marked a significant milestone with the opening in Cebu of its 2,000th store.