Japanese credit agency assigns AEV investment-grade rating

ABOITIZ Equity Ventures, Inc. (AEV) has secured an “A-” foreign currency long-term issuer rating with a stable outlook from Japan Credit Rating Agency, Ltd. (JCR), which cited the conglomerate’s growing earnings contribution from banking, infrastructure, food and beverage, and digital businesses as the group diversifies beyond power generation. In a statement on Tuesday, JCR said […]