Petron Corporation
Philippine Rating Services Corporation (PhilRatings) assigned an Issue Credit Rating of PRS Aaa, with a Stable Outlook, for Petron Corporation’s (Petron) proposed bond issuance of ₱25.0 billion, with an oversubscription option of up to ₱7.0 billion. PhilRatings also maintained its Issue Credit Rating of PRS Aaa, with a Stable Outlook, for Petron’s ₱24.8 billion outstanding bonds.
Petron’s Proposed Bonds of up to ₱32.0 Billion Receive Highest Credit Rating
Philippine Rating Services Corporation (PhilRatings) assigned an Issue Credit Rating of PRS Aaa, with a Stable Outlook, for Petron Corporation’s (Petron) proposed bond issuance of ₱25.0 billion, with an oversubscription option of up to ₱7.0 billion. PhilRatings also maintained its Issue Credit Rating of PRS Aaa, with a Stable Outlook, for Petron’s ₱24.8 billion outstanding bonds.