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DMPI bonds ‘Aaa’ despite US woes
Manila Bulletin
|July 26 2025
Philippine Rating Services Corp. (PhilRatings) stated that it is closely monitoring developments within the Del Monte Group to determine if the recent filing for Chapter 11 Bankruptcy of the US unit will impact the ability of Del Monte Philippines, Inc. (DMPI) to pay its outstanding bonds.
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On July 2, 2025, Del Monte Pacific Limited (DMPL) disclosed that its U.S. subsidiary, Del Monte Foods Holdings Limited (DMFHL), has filed for Chapter 11 Bankruptcy and that DMFHL will be de-consolidated from the DMPL Group.
This story is from the July 26 2025 edition of Manila Bulletin.
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