Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'A(tha)' to Asia Sermkij Leasing Public Company Limited's (ASK, A(tha)/Stable) upcoming issue of Thai baht senior unsecured debentures. The proceeds will be used for debt repayment and working capital.KEY RATING DRIVERSTh
Fitch Ratings has assigned Export-Import Bank of Thailand's (EXIM, BBB /Stable) USD100 million three-year senior unsecured notes a final rating of 'BBB '. The notes were issued under the bank's USD3 billion medium-term note (MTN) programme.The assignment of the final rating follows the receipt of final do
Fitch Ratings (Thailand) has assigned KASIKORNBANK Public Company Limited's (KBank, BBB/AA (tha)/Stable/bbb) upcoming Japanese yen-denominated senior unsecured long-term debentures a National Long-Term Rating of 'AA (tha)'. The debentures will be issued in line with Thailand's Digital Infrastructure Sandbox and
Fitch Ratings (Thailand) has assigned SCB X Public Company Limited's ( AA (tha)/Stable) senior unsecured medium-term note (MTN) programme a National Long-Term Rating of 'AA (tha)' and a National Short-Term Rating of 'F1 (tha)'. The ratings of the programme apply only to senior unsecured issues u
Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'A(tha)' to Asia Sermkij Leasing Public Company Limited's (ASK, A(tha)/Stable) upcoming issue of Thai baht senior unsecured debentures. The proceeds will be used for debt repayment and working capital.KEY RATING DRIVERSThe sen
Fitch Ratings (Thailand) Limited has assigned a 'AA (tha)' rating to Advanced Info Service Public Company Limited's ( AA (tha)/Stable) proposed senior unsecured debentures of up to THB10 billion. The proceeds will be used as working capital, to refinance existing debt and to fund capex. The proposed debentures constitute
Fitch Ratings has assigned a National Long-Term Rating of 'AAA(tha)' to Bank of Ayudhya Public Company Limited's (BAY, AAA(tha)/Stable) senior unsecured medium-term note (MTN) programme. Fitch has also assigned a 'AAA(tha)' National Long-Term Rating to the upcoming senior unsecured debentures that w
Fitch Ratings (Thailand) has assigned ICBC (Thai) Leasing Company Limited's (ICBCTL, AAA(tha)/Stable/F1 (tha)) senior unsecured notes a National Long-Term Rating of 'AAA(tha)'.The notes will be issued under the 2022 medium-term note programme and the proceeds will be used for debt repayment and/or working capital.K
Fitch Ratings (Thailand) has assigned Asia Sermkij Leasing Public Company Limited's (ASK, A(tha)/Stable) senior unsecured notes a National Long-Term Rating of 'A(tha)'. The proceeds will be used for debt repayment and working capital.KEY RATING DRIVERSThe senior unsecured notes are rated at the s
Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'AA-(tha)' to Krungthai XSpring Securities Company Limited's (KTX, AA-(tha)/Stable) senior unsecured notes of up to THB1,000 million. The notes will have a tenor of one and a half years.The notes will be issued under the 2023 medium-ter
Fitch Ratings (Thailand) has assigned Krungthai Xspring Securities Company Limited's (KTX, AA-(tha)/Stable/F1 (tha)) medium-term note (MTN) programme a senior unsecured National Long-Term Rating of 'AA-(tha)' and National Short-Term Rating of 'F1 (tha)'.The programme has a maximum size of THB7 billion,
Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'AA-(tha)' to Krungthai XSpring Securities Company Limited's ( AA-(tha)/Stable) senior unsecured notes of up to THB1,000 million. The notes will have a tenor of one and a half years.The notes will be issued under the 2021 medium-term no
Fitch Ratings (Thailand) has assigned AEON Thana Sinsap (Thailand) Public Company Limited's (AEONTS, A-(tha)/Stable) upcoming issue of senior unsecured notes a National Long-Term Rating of 'A-(tha)'. Proceeds of the issuance will be used for general corporate purposes and/or to refinance existing debt.KEY
Fitch Ratings (Thailand) has assigned ICBC (Thai) Leasing Company Limited's (ICBCTL, AAA(tha)/Stable/F1 (tha)) upcoming issue of senior unsecured notes a National Long-Term Rating of 'AAA(tha)'.The notes will be issued under the 2022 medium-term note (MTN) programme and the proceeds will be used for debt repayment
Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'A(tha)' to Asia Sermkij Leasing Public Company Limited's ( A(tha)/Stable) upcoming issue of senior unsecured debentures. The company plans to use the proceeds for debt repayment and working capital.KEY RATING DRIVERSThe se
Fitch Ratings (Thailand) has assigned an 'A (tha)' rating to Thai Oil Public Company Limited's ( A (tha)/Negative) proposed senior unsecured debentures of up to THB12 billion.The proposed debentures constitute direct, unsecured, unconditional and unsubordinated obligations of the company and are rated at the same lev
Fitch Ratings (Thailand) has assigned United Overseas Bank (Thai) Public Company Limited's (UOBT, AAA(tha)/Stable) upcoming Thai baht-denominated Basel III-compliant Tier 2 subordinated unsecured debentures a rating of 'AA(tha)'.KEY RATING DRIVERSThe subordinated debentures are rated two
Fitch Ratings (Thailand) has assigned Bank of Ayudhya Public Company Limited's ( AAA(tha)/Stable) upcoming Thai baht-denominated Basel III-compliant Tier 2 subordinated unsecured debentures a rating of 'AA(tha)'.KEY RATING DRIVERSThe subordinated debentures are rated two notches below BAY's National
Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'BB(tha)' to KTBST Securities Public Company Limited's (KTBSTSEC, BB (tha)/Stable/B(tha)) upcoming issue of up to THB150 million in subordinated unsecured debentures.The debentures will have a maturity of 11 months and 30 da
Fitch Ratings (Thailand) has assigned Bank of Ayudhya Public Company Limited's ( AAA(tha)/Stable) upcoming Thai baht-denominated Basel III-compliant Tier 2 subordinated unsecured debentures a rating of 'AA(tha)'.KEY RATING DRIVERSThe subordinated notes are rated two notches below BAY's National Long-
Fitch Ratings has assigned Export-Import Bank of Thailand's (EXIM, BBB /Stable) USD350 million five-year senior unsecured notes a final rating of 'BBB '. The notes were issued under the bank's recently updated USD 3 billion medium-term note (MTN) programme.The assignment of the final rating follows the receipt
Fitch Ratings (Thailand) has assigned PTT Public Company Limited's (BBB /AAA(tha)/Stable) upcoming THB100 billion medium-term debenture programme a National Long-Term Rating of 'AAA(tha)'.The debentures under the programme will be senior unsecured with a maturity of up to 30 years and will be rated at
Fitch Ratings has assigned Export-Import Bank of Thailand's (EXIM, BBB /Stable) proposed five-year senior unsecured notes an expected rating of 'BBB (EXP)'. The proposed notes will be issued under the bank's updated USD3.0 billion medium-term note programme. EXIM plans to use the proceeds for general corporate
Fitch Ratings (Thailand) has assigned a 'AA (tha)' rating to PTT Global Chemical Public Company Limited's ( AA (tha)/Negative) proposed senior unsecured debentures of up to THB25 billion.The proposed debentures constitute direct, unsecured, unconditional and unsubordinated obligations of the company and a
Fitch Ratings (Thailand) has assigned ICBC (Thai) Leasing Company Limited's (ICBCTL, AAA(tha)/Stable/F1 (tha)) senior unsecured medium-term note (MTN) programme a National Long-Term Rating of 'AAA(tha)' and a National Short-Term Rating of 'F1 (tha)'.The programme has a maximum size of THB50 billion, with allow
Fitch Ratings (Thailand) has assigned United Overseas Bank (Thai)'s Public Company Limited's ( AAA(tha)/Stable) upcoming Thai baht-denominated Basel III-compliant Tier 2 subordinated unsecured debentures a rating of 'AA(tha)'.KEY RATING DRIVERSThe subordinated notes are rated two notches
Fitch Ratings (Thailand) Limited has assigned CIMB Thai Bank Public Company Limited's ( AA-(tha)/Stable/F1 (tha)) senior unsecured medium-term note (MTN) programme a National Long-Term Rating of 'AA-(tha)' and a National Short-Term Rating of 'F1 (tha)'.The programme can issue a maximum of THB15.0 billion,
Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'AAA(tha)' to United Overseas Bank (Thai) Public Company Limited's ( AAA(tha)/Stable) upcoming issue of senior unsecured bonds. The bonds will have a tenor of three years.KEY RATING DRIVERSThe bonds are rated at the same level as UOBT's
Fitch Ratings (Thailand) has assigned Krung Thai Bank Public Company Limited's (KTB, AAA(tha)/Stable) upcoming Thai baht-denominated Basel III-compliant Tier 2 subordinated unsecured debentures a rating of 'AA(tha)'The debentures will have a tenor of 10 years, with an option to redeem after five years. The proce