S&P grants ‘BBB’ rating to govt euro bond offer

Apr 26, 2019 12:20 am

THE government’s planned euro debt market received on Thursday an investment grade score from S&P Global Ratings.

In a statement, the debt watcher said it had “assigned its ‘BBB’ long-term foreign currency rating to the proposed benchmark-size euro-denominated senior unsecured notes to be issued by the Philippines.”

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.