Fitch Confirms ICBCTLs Upsized Guaranteed Bonds at AAA(tha)(EXP)

Stocks and Financial Services Press Releases Friday September 26, 2014 11:54
Bangkok--26 Sep--Fitch Ratings

Fitch Ratings (Thailand) Limited has confirmed its rating on ICBC (Thai) Leasing Company Limited’s (ICBCTL) upcoming guaranteed bonds at expected National Long-Term ‘AAA(tha)(EXP)’. The size of the bond issue has been increased to up to THB4.3bn from up to THB3bn. The Outlook is Stable.

The final ratings are contingent upon receipt of final documents conforming to information already received and the Office of the Securities and Exchange Commission’s approval of the bond issue.
For further information, please refer to the rating action commentary titled "Fitch Rates ICBC (Thai) Leasing's Guaranteed Bonds 'AAA(tha)(EXP)'", dated 12 September 2014 on www.fitchratings.com.

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