The Philippine Rating Services Corp. (PhilRatings) maintained the issue credit rating of PRS Aa with a stable outlook for Arthaland's outstanding green bonds.
Obligations rated PRS Aa are of high quality and are subject to very low credit risk. Further, the obligor's capacity to meet its financial commitment on the obligation is very strong.
A stable outlook, on the other hand, is assigned when a rating is likely to be maintained or to remain unchanged in the next 12 months.
This story is from the June 29, 2024 edition of The Philippine Star.
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This story is from the June 29, 2024 edition of The Philippine Star.
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