ABS-CBN Corporation’s Outstanding P6.0-Billion Bond Issuance Maintains Highest Credit Rating. The credit rating of the P6.0-billion bond issuance of ABS-CBN Corporation (ABS) was maintained at PRS Aaa by Philippine Rating Services Corporation (PhilRatings). The bonds are due on February 10, 2021 and carry an interest rate of 5.3350%. Obligations rated PRS Aaa, the highest rating assigned by PhilRatings, are of the highest quality with minimal credit risk. The obligor’s capacity to meet its financial commitment on the obligation is extremely strong.
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