Saturday 22 September
Powered by Ajaxy
Mar 7, 2017 @ 10:28

Sy property firm’s P20B bonds get highest rating


Integrated property giant SM Prime Holdings Inc.’s proposed P20 billion bond offering obtained a triple-A credit rating from the Philippine Rating Services Corp. (Philratings).

This is the highest rating assigned by Philratings, indicating that such obligations are of the highest quality with minimal credit risk.

The rating also reflects SM Prime’s strong capcity to meet its financial obligations.

The bonds form part of the company’s proposed three-year debt securities program amounting to as much as P60 billion.

Tags: , , ,

Related Stories
Looks like our busy businessmen have the TGIF mindset.
Integrated property developer SM Prime Holdings Inc. saw its first half profit jump 16 percent
SM group is planning to invest in the 440-hectare Sky City Mega Project in Catbalogan
SM Investments Corp. (SMIC) booked a 10 percent growth in its first quarter profit to


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.