Tag Archives: PCI Leasing

PCI Leasing to Issue P1 Billion in STCPs; Gets PRS 1 Rating

“The rating for PCI Leasing and Finance, Inc.’s (PCI Leasing) proposed P1.0 billion in short-term commercial papers (STCPs) is PRS 1,” PhilRatings announced. A rating of PRS 1 is defined as: “Strongest capability for timely payment of debt instrument issue on both interest and principal.”

Posted in Issue and Issuer Credit Ratings | Also tagged | Comments closed

PCI Leasing to Issue P500 Million in STCPs; Gets PRS 1 Rating

“The rating for PCI Leasing and Finance, Inc.’s (PCI Leasing) proposed P500 million in short-term commercial papers (STCPs) is PRS 1,” PhilRatings announced. A rating of PRS 1 is defined as: “Strongest capability for timely payment of debt instrument issue on both interest and principal.” The amount being applied for represents a significant increase from […]

Posted in Issue and Issuer Credit Ratings | Also tagged | Comments closed

PCI Leasing’s P100 Million STCPs Rated PRS 1

Philippine Rating Services Corporation (PhilRatings) announced that PCI Leasing and Finance Inc.’s (PCI Leasing) P100 million in short-term commercial papers (STCPs) have been assigned a rating of PRS 1. A rating of PRS 1 is defined as: “Strongest capability for timely payment of debt instrument issue on both interest and principal.”

Posted in Issue and Issuer Credit Ratings | Also tagged | Comments closed

PCI Leasing’s P250 Million STCPs Rated PRS 1 Minus

“PCI Leasing and Finance, Inc.’s (PCI Leasing) P250 million short-term commercial papers (STCPs) are rated PRS 1 minus,” PhilRatings announced. The new rating is an improvement over last year’s rating of PRS 2 plus for a previous P500 million STCP line. A rating of PRS 1 (Best Grade) is defined as: “Strongest capability for timely […]

Posted in Issue and Issuer Credit Ratings | Also tagged | Comments closed