SMC Tollways Corp.'s planned bond issue of P30 billion with an oversubscription option of up to P5 billion has been assigned an issue credit rating of PRS Aaa with a stable outlook by the Philippine Rating Services Corp. (PhilRatings).
Obligations rated PRS Aaa are of the highest quality with minimal credit risk.
A stable outlook, on the other hand, indicates that the assigned rating is likely to be maintained or to remain unchanged in the next 12 months.
Denne historien er fra September 20, 2024-utgaven av The Philippine Star.
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Denne historien er fra September 20, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Sideways trading seen as investors remain cautious
Stocks are expected to continue trading sideways this week, with a cautious atmosphere seen persisting among investors as they await for fresh leads.
The punishment theory
QWERTYMAN
Milder winds help LA firefighters; Trump vows to visit
Lighter winds in the Los Angeles area this weekend brought momentary respite to the thousands of firefighters battling deadly wildfires, but meteorologists said stronger winds would add to \"critical fire weather\" as soon as Monday.
Phl to adjust borrowing strategy amid global rates uncertainties
The Philippine government is bracing for higher borrowing costs this year as global interest rates will likely remain elevated, with the US Federal Reserve expected to slow its pace of rate cuts.
SW's Masters in Great Shape for Phl Open
The Masters layout of the posh Manila Southwoods complex here is coming close to achieving the tough character that will challenge some of the best in the Asian Tour when the $500,000 (around P29 million) Smart Infinity Philippine Open gets off the ground on Thursday.
CBCP to tackle 2025 polls in plenary assembly
The 126 members of the Catholic Bishops' Conference of the Philippines (CBCP) will discuss the upcoming May 12 midterm elections during their 129th plenary assembly in Laguna.
Explain warehouse congestion, NFA urged
Former agriculture secretary Leonardo Montemayor yesterday urged the National Food Authority to disclose the real reason for the congestion in its warehouses after the NFA disclosed that at least 300,000 metric tons of aging rice needed to be disposed.
The 'big brothers' helping our MSMEs
GO NEGOSYO PILIPINAS
Baguio City records first Mpox case
BAGUIO CITY - After the confirmation of Baguio City's first case of monkeypox or Mpox here, Mayor Benjamin Magalong raised an alert on Saturday night, advising the public to remain calm and to observe health precautions.
Russian attacks kill 6 across Ukraine, Kyiv says
A Russian missile strike on the Ukrainian capital killed three people on Saturday, Ukrainian leaders said, branding it a \"heinous\" attack, while Moscow described it as \"retaliation.\"
