By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
MANILA, Philippines – GT Capital Holdings Inc. has received an “A-” inaugural credit rating from the Japan Credit Rating Agency (JCR), seen to strengthen its access to Japanese capital markets.
In a disclosure on Tuesday, the Ty-led conglomerate said the investment-grade foreign currency long-term issuer rating reflects the company’s strong credit profile, underpinned by its diversified portfolio, stable cash flows and solid financial position.
READ: GT Capital net income slipped 3% to P8.9B in first quarter
An “A-” issuer credit rating suggests strong creditworthiness and a high capacity to meet financial obligations.
