Monthly Archives: January 2006

PSBank to Do a P2.0 Billion Tier-2 Issue; Gets a PRS Aa Plus Issue Rating

“The issue rating for Philippine Savings Bank’s (PSBank) proposed P2.0 billion Tier-2 issue is PRS Aa plus,” PhilRatings announced. A rating of PRS Aa means that the bank has a strong capability to pay its debt issue. The Unsecured Subordinated Debt (USD) or Tier-2 issue will have a maximum term of ten years, with a […]

Posted in Issue and Issuer Credit Ratings | Tagged , | Comments closed