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Fitch Ratings has assigned a 'AA' rating to the following bonds issued by the Sacramento Municipal Utility District, CA (SMUD). Approximately $158.0 million electric revenue bonds, 2022 series J (senior lien) Bond proceeds will refund outstanding 2012 series Y bonds; fund a potential termination payment for a swap entered into to hedge the interest rate on this anticipated
Published April 28, 2021, 4:15 PM Cirtek Holdings Philippines Corporation (TECH) reported that its P1 billion commercial paper (CP) offering was more than four times oversubscribed at a time of monetary easing and consecutive rate cuts by central banks both locally and international. In a disclosure to the Philippine Stock Exchange, the firm said it will list today its P1 billion worth of CPs with the Philippine Dealing and Exchange Corp as part of TECH’s P6 billion CP Program. Multinational Investment Bancorporation acted as sole arranger and lead underwriter of the issue. TECH’s comme...