Robinsons Land gets high credit rating

By Ed Paolo Salting

Aug 25, 2022 12:13 am

ROBINSONS Land Corp. (RLC) received the highest credit rating of PRS Aaa, with a stable outlook, from the Philippine Rating Services Corp. (PhilRatings) for its proposed bond offering of up to P10 billion, with an oversubscription option of up to P5 billion.

This is the first tranche of the company's shelf-registered Debt Securities Program in the aggregate principal amount of P30 billion, which was approved by the RLC Board of Directors on May 31, 2022.

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