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Prospect News home > News index > List of issuers R > Headlines for Rizal Commercial Banking Corp. > News item |
Fitch rates Rizal notes BB-
Fitch Ratings said it assigned Rizal Commercial Banking Corp.'s proposed dollar-denominated senior notes an expected BB- rating. The notes will be issued under the bank's $1 billion medium-term note program.
Rizal has a BB- long-term foreign-currency issuer default rating.
The outlook is stable.
Proceeds will be used for working capital, general banking and other corporate purposes.
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