Conglomerate Aboitiz Equity Venture (AEV) secured the highest rating from local debt watcher Philippine Rating Services Corp. (PhilRatings) for its proposed issuance of P10-billion corporate bonds with maturity dates of seven and 10 years.
In a disclosure posted at the website of the Philippine Stock Exchange, it was announced that the proposed bonds issuance of AEV received a “PRS Aaa” rating from PhilRatings, the highest possible rating assigned by the debt watcher.
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