Haus Talk, Inc.

Philippine Rating Services Corporation (PhilRatings) has assigned an investment grade Issue Credit Rating of PRS A, with a Stable Outlook, to Haus Talk, Inc.’s (Haus Talk; the Company) maiden bond issuance amounting to ₱1.0 billion, with an Oversubscription option of up to ₱1.0 billion.

Haus Talk’s Maiden Bond Issuance Receives Strong Investment Grade Credit Rating of PRS A

Philippine Rating Services Corporation (PhilRatings) has assigned an investment grade Issue Credit Rating of PRS A, with a Stable Outlook, to Haus Talk, Inc.’s (Haus Talk; the Company) maiden bond issuance amounting to ₱1.0 billion, with an Oversubscription option of up to ₱1.0 billion.

Cebu Landmasters, Inc.

Philippine Rating Services Corporation (PhilRatings) has assigned an Issue Credit Rating of PRS Aa plus, with a Stable Outlook, to Cebu Landmasters, Inc.’s (CLI) proposed Sustainability-Linked Bonds of ₱3.0 billion, with an Oversubscription Option of up to ₱2.0 billion. This is the third and final tranche of the Company’s three-year Shelf Registration program of up to ₱15.0 billion. PhilRatings has also maintained its Issue Credit Rating of PRS Aa plus, with a Stable Outlook, to the Company’s outstanding bond issuances of ₱10.0 billion.

Cebu Landmasters’ Proposed Sustainability-Linked Bonds of up to ₱5.0 Billion Receive a Very Strong Credit Rating

Philippine Rating Services Corporation (PhilRatings) has assigned an Issue Credit Rating of PRS Aa plus, with a Stable Outlook, to Cebu Landmasters, Inc.’s (CLI) proposed Sustainability-Linked Bonds of ₱3.0 billion, with an Oversubscription Option of up to ₱2.0 billion. This is the third and final tranche of the Company’s three-year Shelf Registration program of up to ₱15.0 billion. PhilRatings has also maintained its Issue Credit Rating of PRS Aa plus, with a Stable Outlook, to the Company’s outstanding bond issuances of ₱10.0 billion.

SM Prime Holdings, Inc.

Philippine Rating Services Corporation (PhilRatings) assigned an issue credit rating of PRS Aaa to SM Prime Holdings, Inc.’s (SMPH; the Company) proposed bond issue of ₱12.0 billion, with an oversubscription option of up to ₱5.0 billion. The proposed issue represents the third tranche of the Company’s Shelf Registration Debt Securities Program of up to ₱100.0 billion. The proceeds of the issuance will be used for the Company’s debt refinancing. PhilRatings also maintained its issue rating of PRS Aaa for SMPH’s outstanding bonds amounting to ₱141.5 billion. A Stable Outlook has been assigned for the proposed and outstanding bonds.

SM Prime Holdings, Inc.’s Proposed Bond Issue of Up to ₱17.0 Billion Gets Highest Rating

Philippine Rating Services Corporation (PhilRatings) assigned an issue credit rating of PRS Aaa to SM Prime Holdings, Inc.’s (SMPH; the Company) proposed bond issue of ₱12.0 billion, with an oversubscription option of up to ₱5.0 billion. The proposed issue represents the third tranche of the Company’s Shelf Registration Debt Securities Program of up to ₱100.0 billion. The proceeds of the issuance will be used for the Company’s debt refinancing. PhilRatings also maintained its issue rating of PRS Aaa for SMPH’s outstanding bonds amounting to ₱141.5 billion. A Stable Outlook has been assigned for the proposed and outstanding bonds.

DoubleDragon Corporation

Philippine Rating Services Corporation (PhilRatings) has assigned an Issue Credit Rating of PRS Aaa, with a Stable Outlook, to DoubleDragon Corporation’s (DoubleDragon) proposed ₱3.5 billion bond issuance, with an Oversubscription Option of up to ₱7.4 billion. The proposed bond issue represents the third and final tranche of the Company’s three-year ₱30.0 billion Retail Bonds program. PhilRatings has also maintained the Issue Credit Rating of PRS Aaa, with a Stable Outlook, for DoubleDragon’s outstanding bonds of ₱34.4 billion.

Ayala Land, Inc.

Philippine Rating Services Corporation (PhilRatings) has assigned an Issue Credit Rating of PRS Aaa, with a Stable Outlook, to Ayala Land, Inc.’s (ALI) proposed third Sustainability-linked Bonds amounting to ₱10.0 billion, with an oversubscription option of up to ₱5.0 billion. PhilRatings also maintained its Issue Credit Rating of PRS Aaa, with a Stable Outlook, for the Company’s ₱104.25 billion outstanding bonds.

DoubleDragon’s Proposed Bond Issue of up to ₱10.9 billion Gets Highest Rating

Philippine Rating Services Corporation (PhilRatings) has assigned an Issue Credit Rating of PRS Aaa, with a Stable Outlook, to DoubleDragon Corporation’s (DoubleDragon) proposed ₱3.5 billion bond issuance, with an Oversubscription Option of up to ₱7.4 billion. The proposed bond issue represents the third and final tranche of the Company’s three-year ₱30.0 billion Retail Bonds program. PhilRatings has also maintained the Issue Credit Rating of PRS Aaa, with a Stable Outlook, for DoubleDragon’s outstanding bonds of ₱34.4 billion.

Highest Credit Rating for Ayala Land, Inc.’s 3rd Sustainability-Linked Bonds of Up To ₱15 Billion

Philippine Rating Services Corporation (PhilRatings) has assigned an Issue Credit Rating of PRS Aaa, with a Stable Outlook, to Ayala Land, Inc.’s (ALI) proposed third Sustainability-linked Bonds amounting to ₱10.0 billion, with an oversubscription option of up to ₱5.0 billion. PhilRatings also maintained its Issue Credit Rating of PRS Aaa, with a Stable Outlook, for the Company’s ₱104.25 billion outstanding bonds.