Debt watchers assign ratings to PHL Sukuk issue

FITCH RATINGS, Moody’s Investors Service and S&P Global Ratings and have given investment-grade ratings to the Philippines’ proposed maiden issue of Sukuk bonds. Moody’s has assigned the proposed bond issue a “Baa2” rating, Fitch rated the notes “BBB,” and S&P Global gave a preliminary “BBB+” score, all at par with their current ratings for the […]

Debt watchers assign ratings to PHL Sukuk issue
FITCH RATINGS, Moody’s Investors Service and S&P Global Ratings and have given investment-grade ratings to the Philippines’ proposed maiden issue of Sukuk bonds. Moody’s has assigned the proposed bond issue a “Baa2” rating, Fitch rated the notes “BBB,” and S&P Global gave a preliminary “BBB+” score, all at par with their current ratings for the […]