Solar Philippines Tarlac Corp.'s proposed green bonds worth up to P4.15 billion obtained the second-highest rating from Philippine Rating Services Corp. (PhilRatings).

PhilRatings assigned a credit rating of PRS Aa plus, with a stable outlook, to Solar Tarlac, a joint venture between Solar Philippines Power Project Holdings, Inc. and tycoon Enrique Razon's Prime Metro Power Holdings Corp. (Prime Power).

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