Tag Archives: CLDI

City & Land’s Proposed P400 Million STCPs Rated PRS 2

“City & Land Developers, Incorporated (CLDI) will be issuing P400 million in short-term commercial papers (STCPs). The STCP issue is rated PRS 2.” A rating of PRS 2 is defined as: “Above average (strong) capability for payment of commercial paper issue on both interest and principal. This is normally evidenced by many characteristics of a […]

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