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Credit rating upgrade bodes well for PH global bond offering

MANILA, Dec. 16 --The recent move by Fitch Ratings to upgrade the Philippines' long-term foreign currency rating to "BBB" augurs well for the Philippines' next global bond offering and provides a reso.....»»

Category: newsSource: manilanews manilanewsDec 17th, 2017

Credit rating upgrade bodes well for PH global bond offering

MANILA, Dec. 16 --The recent move by Fitch Ratings to upgrade the Philippines' long-term foreign currency rating to "BBB" augurs well for the Philippines' next global bond offering and provides a reso.....»»

Category: newsSource:  manilanewsRelated NewsDec 17th, 2017

PH upgrade to boost global bond offering

The Philippines’ upgraded investment rating bodes well for a planned global bond offering, Treasury and Finance officials said. Fitch’s move to raise the country further into investment-grade territory, they claimed, was an endorsement of the Duterte administration’s economic strategy, which is anchored on a comprehensive tax reform plan and a massive infrastructure modernization program. “We [...] The post PH upgrade to boost global bond offering appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsDec 16th, 2017

Debt yields down on Fed rate hike, Fitch rating move

YIELDS on government securities (GS) ended lower last week as the Federal Reserve turned dovish after its interest rate hike and on the back of slower US consumer price index (CPI) data and the Philippines’ credit rating upgrade. Bond yields, which move opposite to prices, fell by an average of 0.11 basis point (bp) week […] The post Debt yields down on Fed rate hike, Fitch rating move appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 17th, 2017

Fitch upgrade bodes well for Philippine bond sale

MANILA, Philippines — Fitch Ratings’ recent decision to upgrade the country’s long-term foreign currency issuer rating to “BBB” bodes well for the government.....»»

Category: financeSource:  philstarRelated NewsDec 15th, 2017

Standard Insurance gets global credit rating upgrade

MANILA, Philippines - Leading motorcar insurer Standard Insurance Co......»»

Category: financeSource:  philstarRelated NewsJan 14th, 2017

SMIC secures top credit rating for P20-B bonds

MANILA, Philippines - SM Investments Corp.’s proposed P20-billion bond offering obtained a triple A rating from local credit watchdog Philippine Rating Servi.....»»

Category: financeSource:  philstarRelated NewsOct 1st, 2016

S&'38;P keeps PHL rating; upgrade unlikely

S&P Global Ratings has affirmed the Philippines’ credit rating anew in the face of robust domestic activity and sound fiscal footing, but flagged “rising uncertainties” under the newly installed Duterte administration and said “a .....»»

Category: newsSource:  bworldonlineRelated NewsSep 21st, 2016

Front Page: S&P keeps PHL rating; upgrade unlikely

S&P Global Ratings has affirmed the Philippines' credit rating anew in the face of robust domestic activity and sound fiscal footing, but flagged "rising uncertainties" under the newly installed Duterte administration and said "a higher rating is unlikely.....»»

Category: financeSource:  bworldonlineRelated NewsSep 21st, 2016

Indonesia bags Fitch rating upgrade after S& P lifts it from junk

JAKARTA — Indonesia won a second sovereign rating upgrade this year, with Fitch Ratings raising its assessment to the second-lowest investment grade, months after S&P Global Ratings lifted the nation out of junk status. The nation’s stocks and currency rallied. The rating on the nation’s long-term, foreign currency-denominated debt was raised one level to BBB […] The post Indonesia bags Fitch rating upgrade after S&P lifts it from junk appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsDec 21st, 2017

PH bags credit rating upgrade from Fitch

MANILA, Dec. 13 — Fitch Ratings has upgraded the long-term foreign currency rating of the Philippines to “BBB” from the minimum investment grade of “BBB-.” The new rating is assigned a “stable” outl Source link link: PH bags credit rating upgrade from Fitch.....»»

Category: newsSource:  manilainformerRelated NewsDec 13th, 2017

PH bags credit rating upgrade from Fitch

MANILA, Dec. 13 -- Fitch Ratings has upgraded the long-term foreign currency rating of the Philippines to "BBB" from the minimum investment grade of "BBB-." The new rating is assigned a "stable" outl.....»»

Category: newsSource:  manilanewsRelated NewsDec 13th, 2017

PH bags Credit Rating Upgrade from Fitch

Fitch Ratings has upgraded the long-term foreign currency rating of the Philippines to “BBB” from the minimum investment grade of “BBB-.” The new rating is assigned a “stable” outlook, which means there are no pressing... The post PH bags Credit Rating Upgrade from Fitch appeared first on MetroCebu News......»»

Category: newsSource:  metrocebuRelated NewsDec 13th, 2017

PH bags credit rating upgrade from Fitch

MANILA, Dec. 13 -- Fitch Ratings has upgraded the long-term foreign currency rating of the Philippines to "BBB" from the minimum investment grade of "BBB-." The new rating is assigned a "stable" outl.....»»

Category: newsSource:  philippinetimesRelated NewsDec 13th, 2017

Philippines moves further up investment grade

By Melissa Luz T. Lopez Senior Reporter THE PHILIPPINES bagged a credit rating upgrade from Fitch Ratings on the back of continued solid economic growth, supported by optimism over infrastructure and tax reform plans. The international debt watcher gave a “BBB” rating with a “stable” outlook for the Philippines’ long-term issuer rating, it said in […] The post Philippines moves further up investment grade appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 12th, 2017

Improved Fitch rating pushes index up 0.65%

INVESTORS went buying on Monday following an international debt watcher’s upgrade of the country’s credit rating. The bellwether Philippine Stock Exchange index (PSEi) added 0.65 percent or 53.87 points to close at 8,358.57. The broader All Shares similarly rose by 0.55 percent or 26.59 points to finish at 4,885.45. “Locally, the markets cheered as Fitch [...] The post Improved Fitch rating pushes index up 0.65% appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsDec 11th, 2017

Peso up on Fitch upgrade

THE PESO strengthened against the dollar on Monday following the upgrade given by Fitch Ratings to the Philippines. The local currency ended yesterday’s session at P50.36, 14 centavos stronger than its P50.50-per-dollar finish on Friday. The peso opened stronger at P50.42 against the greenback, bolstered by the Fitch announcement on the credit rating upgrade. Its lowest point for […] The post Peso up on Fitch upgrade appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 11th, 2017

PHL moves further into investment grade

By Melissa Luz T. Lopez Senior Reporter THE PHILIPPINES bagged a credit rating upgrade from Fitch Ratings on the back of continued solid economic growth, supported by optimism over infrastructure and tax reform plans. The international debt watcher gave a “BBB” rating with a “stable” outlook for the Philippines’ long-term issuer rating, it said in […] The post PHL moves further into investment grade appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 11th, 2017

SMC Global starts P20-B bond offer

MANILA, Philippines — SMC Global Power Corp., the power generation arm of San Miguel Corp., will start offering P20 billion worth of fixed-rate bonds next mo.....»»

Category: financeSource:  philstarRelated NewsOct 12th, 2017

PH credit rating upgrade not likely

PH credit rating upgrade not likely.....»»

Category: newsSource:  thestandardRelated NewsAug 1st, 2017

S&'38;P flags brief impact of security fears

INVESTMENTS to the Philippines could slow in the short term amid security concerns, although such risks are unlikely to affect the country’s credit rating as economic growth is expected to stay robust, analysts at S&P Global Ratings said......»»

Category: newsSource:  bworldonlineRelated NewsJun 20th, 2017