Tag Archives: PLDT

PLDT’s P2.0 Billion STCPs Rated PRS 1

“The rating for Philippine Long Distance Telephone Company’s (PLDT) P2.0 billion short-term commercial papers (STCPs) is PRS 1,” PhilRatings announced. PRS 1 is the highest rating possible on PhilRatings’ short-term rating scale. A PRS 1 (Best Grade) rating is defined as: “Strongest capability for timely payment of debt instrument issue on both principal and interest. […]

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