BDO Leasing debt gets high rating

MANILA, Philippines – Philippine ratings Services Corp. (PhilRatings) has assigned the second highest rating to BDO Leasing & Finance, Inc.’s planned issue of P4 billion worth of short-term commercial papers.

In a statement, PhilRatings said the PRS 2 Plus it has given the subsidiary of Sy-led Banco de Oro Unibank, Inc. means it has “above average capability for payment of the commercial paper issue on both interest and principal.” Read full story>>

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>