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>>

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