Monthly Archives: January 2003

FBDC’s P330 Million STCPs Maintain PRS 3 Rating

“The rating for Fort Bonifacio Development Corporation’s P330 million short-term commercial papers (STCPs) is PRS 3,” PhilRatings announced. A PRS 3 (Good Grade) rating is defined as: “Satisfactory capability for payment of debt instrument issue on both principal and interest. The effect of industry characteristics and market composition may be more pronounced. Variability in earnings […]

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