Fitch Confirms Rating on PTT’s New Debentures at ‘AAA(tha)’ on Increased Issue Size

Friday 18 October 2013 13:31
Fitch Ratings (Thailand) Limited has confirmed the National Long-Term Rating on PTT Public Company Limited’s (PTT; AAA(tha)/Stable/F1+(tha)) new senior unsecured debentures due 2020 at ‘AAA(tha)’. The confirmation follows an increase of the issue size to THB22bn from THB20bn.

Fitch had assigned the rating to the debentures on 11 October 2013. For more details on the initial rating action on the debentures, see “Fitch Rates Thailand's PTT's New Debentures 'AAA(tha)'”.