Tag Archives: PRS A minus

Asiatrust to Do a P550 Million Tier-2 Issuance; Gets a PRS A minus

“The issue rating for Asiatrust Development Bank’s (Asiatrust) proposed P550 million Tier-2 issue is PRS A minus,” PhilRatings announced. A rating of PRS A means that the issue has “…favorable investment attributes and are considered as upper-medium grade obligations. Factors giving security to principal and interest are considered adequate, but elements may be present which […]

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