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RLC outstanding bonds maintain highest credit rating
The Philippine Star
|March 05, 2025
Robinsons Land Corp. (RLC)’s outstanding bonds amounting to P30.4 billion have sustained the highest credit rating from the Philippine Ratings Services Corp.
PhilRatings maintained its issue credit rating of PRS Aaa, with a Stable Outlook, for the outstanding bonds of the Gokongwei-led real estate developer.
PRS Aaa is the highest rating assigned by PhilRatings, with obligations rated as such are of the highest quality with minimal credit risk.
A stable Outlook, on the other hand, indicates that the rating is likely to be maintained or to remain unchanged in the next 12 months.
PhilRatings said that it would continuously monitor developments relating to RLC and may change the rating and outlook at any time, should circumstances warrant a change.
This story is from the March 05, 2025 edition of The Philippine Star.
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