Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 141793
                    [Title] => Financial agencies unfazed by PLDT credit rating downgrade
                    [Summary] => Standard & Poor’s has downgraded its long-term foreign currency credit rating and senior unsecured debt rating on telecommunications leader Philippine Long Distance Telephone Co. (PLDT) by two notches or from ‘BB+’ to ‘BB-’ but some financial agencies remain  unfazed.


The credit rating agency mentioned the Filipino carrier’s deferment of its $250 million planned bond float in September as indicative of the uphill task the company faces in terms of refinancing its debt.


                    [DatePublished] => 2001-11-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

B INDUSTRIAL

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 141793
                    [Title] => Financial agencies unfazed by PLDT credit rating downgrade
                    [Summary] => Standard & Poor’s has downgraded its long-term foreign currency credit rating and senior unsecured debt rating on telecommunications leader Philippine Long Distance Telephone Co. (PLDT) by two notches or from ‘BB+’ to ‘BB-’ but some financial agencies remain  unfazed.


The credit rating agency mentioned the Filipino carrier’s deferment of its $250 million planned bond float in September as indicative of the uphill task the company faces in terms of refinancing its debt.


                    [DatePublished] => 2001-11-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Financial agencies unfazed by PLDT credit rating downgrade

November 29, 2001 - 12:00am

Standard & Poor’s has downgraded its long-term foreign currency credit rating and senior unsecured debt rating on telecommunications leader Philippine Long Distance Telephone Co. (PLDT) by two notches or...

Business