MANILA  -S&P Global Ratings downgraded PLDT Inc.’s investment grade by a notch to “BBB” from “BBB+” due to projected weakening of its credit position after incurring billions in budget overrun in the past years as it ramped up capital expenditure for 5G technology acquisition. Still, the credit watcher maintained its “stable” outlook as it expects … Continue reading S&P downgrades PLDT credit rating by a notch