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                    [ArticleID] => 268770
                    [Title] => Plantersbank gets PRS A rating for P1-B notes issue
                    [Summary] => Local credit rating agency Philippine Rating Services Corp. has assigned a PRS A rating on Planters Development Bank’s P1-billion unsecured subordinated notes.


The PRS A rating implies that the issue has favorable investment attributes and is considered as an upper-medium grade obligation. "Factors giving security to principal and interest are considered adequate, but elements may be present which suggest a susceptibility to impairment some time in the future," Philratings said.


                    [DatePublished] => 2005-02-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Plantersbank gets PRS A rating for P1-B notes issue

By Zinnia B. Dela Peña | February 20, 2005 - 12:00am

Local credit rating agency Philippine Rating Services Corp. has assigned a PRS A rating on Planters Development Bank’s P1-billion unsecured subordinated notes. The PRS A rating implies that the issue has favorable...

Business