Wednesday May 22, 2019 06:01

FITCH RATING Press Releases

Fitch Ratings: ICBCTL Senior Bond Rating Unaffected by Increase in Stcoks—21 May 19

Fitch Ratings (Thailand) says the 'AAA(tha)' National Long-Term Rating on ICBC (Thai) Leasing Company Limited's (ICBCTL; AAA(tha)/Stable/F1+(tha)) upcoming senior unsecured debentures will not be affected by a change in the issue size. The size of the

Fitch Rates EXIM#s USD Senior Notes #BBB+(EXP)# Stcoks—16 May 19

Fitch Ratings has assigned an expected rating of 'BBB+(EXP)' to Export-Import Bank of Thailand's (EXIM, BBB+/Stable) five-year senior unsecured notes. The notes will be issued under the bank's USD1.5 billion medium-term note (MTN) programme. EXIM plans

Fitch Ratings: Maturing Thai Mobile Market Raises Risks for Telcos Stcoks—13 May 19

The 1Q19 results of the two major Thai telecom operators highlight the challenges facing the industry amid a slowing mobile sector, says Fitch Ratings. Domestic telcos are likely to compete aggressively including offering unlimited data packages, putting

Fitch Affirms KCE Electronics at #A-(tha)#; Outlook Stable Stcoks—13 May 19

Fitch Ratings (Thailand) Limited has affirmed KCE Electronics Public Company Limited's National Long-Term Rating at 'A-(tha)'. The Outlook is Stable. The rating affirmation reflects Fitch's expectation that KCE should be able to maintain its leading

Fitch Rates TMB#s Basel III Tier 2 THB Notes at #A+(tha)# Stcoks—10 May 19

Fitch Ratings (Thailand) has today assigned a rating of 'A+(tha)' to TMB Bank Public Company Limited's (TMB; AA-(tha)/Stable) upcoming Thai baht-denominated Basel III-compliant Tier 2 subordinated unsecured debentures. The debenture issue will be up to

Fitch Affirms Thailand#s PTT at #BBB+#; Outlook Stable Stcoks—07 May 19

Fitch Ratings-Bangkok/Singapore-03 May 2019: Fitch Ratings has affirmed Thailand-based PTT Public Company Limited's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BBB+' and National Long-Term Rating at 'AAA(tha)'. The Outlook is

Fitch Assigns KT ZMICO First-Time #A+(tha)# Outlook Stable Stcoks—30 Apr 19

Fitch Ratings has today assigned Thailand-based KT ZMICO Securities Company Limited (KTZ) a National Long-Term Rating of 'A+(tha)' and a National Short-Term Rating of 'F1+(tha)'. The Outlook is Stable. The agency has also rated KT ZMICO's outstanding

Fitch Rates Bank of Ayudhya#s Basel III Tier 2 THB Notes at #AA+(tha)# Stcoks—26 Apr 19

Fitch Ratings (Thailand) has assigned Bank of Ayudhya Public Company Limited's (BAY; AAA(tha)/Stable) upcoming issue of Thai baht-denominated Basel III-compliant Tier 2 subordinated unsecured notes a National Long-Term Rating of 'AA+(tha)'. The

Fitch Assigns First-Time #AA(tha)(EXP)# to Risland (Thailand)#s Guaranteed Stcoks—23 Apr 19

Fitch Ratings (Thailand) Limited has assigned residential property developer Risland (Thailand) Company Limited's (RLT) proposed guaranteed debentures of up to THB3.5 billion an expected National Long-Term Rating of 'AA(tha)(EXP)'. RLT will use the

Fitch Upgrades BAY#s Short-Term IDR to #F1#; Affirms Long-Term IDR at Stcoks—17 Apr 19

Fitch Ratings has upgraded Bank of Ayudhya Public Company Limited's (BAY) Short-Term Issuer Default Rating (IDR) to 'F1' from 'F2', and affirmed its Long-Term IDR at 'A-' with a Stable Outlook. A full list of rating actions is at the end of this rating

Fitch Affirms Siam Commercial Bank at #BBB+# and SCB Securities at #AA(tha)#; Outlook Stcoks—17 Apr 19

Fitch Ratings has today has affirmed the Long-Term Issuer Default Rating (IDR) on The Siam Commercial Bank Public Company Limited (SCB) at 'BBB+' and its National Long-Term Rating at 'AA+(tha)'. At the same time, Fitch has also affirmed the National

Fitch Affirms KASIKORNBANK at #BBB+#, Kasikorn Securities at #AA(tha)# Stcoks—17 Apr 19

Fitch Ratings has affirmed KASIKORNBANK Public Company Limited's (KBank) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB+' and its National Long-Term Rating at 'AA+(tha)'. The Outlooks are Stable. At the same time, Fitch has affirmed the

Fitch Affirms Krung Thai Outlook Stable Stcoks—17 Apr 19

Fitch Ratings has affirmed Krung Thai Bank Public Company Limited's (KTB) Long-Term Issuer Default Rating (IDR) at 'BBB' and its National Long-Term Rating at 'AA+(tha)'. The Outlooks are Stable. A full list of rating actions is at the end of this rating

เมืองไทยประกันชีวิต สุดปลื้ม ฟิทช์ เรทติ้งส์ ปรับเพิ่มอันดับเครดิต #A-# หุ้น—17 Apr 19

นายสาระ ล่ำซำ กรรมการผู้จัดการและประธานเจ้าหน้าที่บริหาร บริษัท เมืองไทยประกันชีวิต จำกัด (มหาชน) เปิดเผยว่า บริษัทฯ ได้รับการปรับเพิ่มอันดับความแข็งแกร่งทางการเงินสากล (Insurer Financial Strength : IFS) จากฟิทช์ เรทติ้งส์ (Fitch Ratings) เมื่อวันที่ 1

Fitch Affirms Bangkok Bank at #BBB+# and #AA+(tha); Outlook Stable Stcoks—17 Apr 19

Fitch Ratings has today affirmed the Long-Term Issuer Default Rating (IDR) on Bangkok Bank Public Company Limited (BBL) at 'BBB+' and its National Long-Term Rating at 'AA+(tha)'. The Outlooks are Stable. A full list of rating actions is at the end of

Fitch Ratings: Telcos# Short Reprieve from Thailand#s 900MHz Payment Stcoks—12 Apr 19

The Thai government's approval to delay telcos' payments for the 900MHz spectrum will ease immediate cash flow pressure for Advanced Info Service Public Company Limited (AIS; BBB+/AA+(tha)/Stable) and Total Access Communication Public Company Limited

Fitch Affirms Polyplex Thailand at #A-(tha)#; Stable Outlook Stcoks—12 Apr 19

Fitch Ratings-Bangkok-12 April 2019: Fitch Rating (Thailand) Limited has affirmed Polyplex (Thailand) Public Company Limited's (PTL) National Long-Term Rating at 'A-(tha)'. The Outlook is Stable. The rating reflects PTL's leading position in the

ไทยประกันชีวิตปลื้ม ฟิทช์ เรทติ้งส์ ปรับเพิ่มเครดิตความแข็งแกร่งทางการเงินสากลเป็น A- หุ้น—12 Apr 19

นางวรางค์ ไชยวรรณ กรรมการและรองกรรมการผู้จัดการใหญ่อาวุโส บริษัท ไทยประกันชีวิต จำกัด (มหาชน) เปิดเผยว่า สถาบันจัดอันดับเครดิตทางการเงินระดับโลก ฟิทช์ เรทติ้งส์ (Fitch Ratings) ได้ประกาศเพิ่มอันดับความแข็งแกร่งทางการเงินของบริษัทฯ

Fitch Revises Thai Beverage Outlook to Affirms at #BBB-#/#AA(tha)# Stcoks—10 Apr 19

Fitch Ratings-Bangkok/Singapore-10 April 2019: Fitch Ratings (Thailand) Limited has revised Thai Beverage Public Company Limited's (ThaiBev) Outlook to Negative from Stable and affirmed its Long-Term Foreign-Currency Issuer Default Rating at 'BBB-', its

Fitch Affirms SHREIT at #BB+(tha)# and Withdraws Rating Stcoks—05 Apr 19

Fitch Ratings - Bangkok - 04 April 2019: Fitch Ratings (Thailand) Limited has affirmed Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust's (SHREIT) National Long-Term Rating at 'BB+(tha)' with Stable Outlook. Fitch has

Fitch Maintains Siam City Cement#s Negative Affirms at #A(tha)# Stcoks—02 Apr 19

Fitch Ratings-Bangkok-02 April 2019: Fitch Ratings (Thailand) Limited has maintained Siam City Cement Public Company Limited's (SCCC) Outlook at Negative and affirmed its National Long-Term Rating at 'A(tha)'. The agency has simultaneously affirmed

Fitch Upgrades Muang Thai Life#s IFS to #A-#; Outlook Stable Stcoks—01 Apr 19

Fitch Ratings-Bangkok/Singapore-01 April 2019: Fitch Ratings has upgraded Muang Thai Life Assurance Public Company Limited's (MTL) Insurer Financial Strength (IFS) Rating to 'A-' (Strong) from 'BBB+' (Good), and affirmed the National IFS Rating at

Fitch Affirms DAD SPV#s Bonds at #AAAsf(tha)#; Outlook Stable Stcoks—27 Mar 19

Fitch Ratings - Bangkok - 26 March 2019: Fitch Ratings (Thailand) Limited has affirmed DAD SPV Company Limited's (DAD SPV) bonds at 'AAAsf(tha)' with a Stable Outlook. The transaction is a CMBS backed by 30-year lease and fee payments from the government

Fitch Ratings: PTT#s Purchase of Murphy Oil#s Malaysia Assets to Raise Output, Stcoks—26 Mar 19

PTT Exploration and Production Public Company Limited's (PTTEP) plan to acquire Murphy Oil Corporation's (BB+/Stable) business in Malaysia will immediately increase the group's reserves and production profile, Fitch Ratings says. In our view, the

Fitch Rates EASY BUY#s THB Senior Unsecured Bonds at #AA+(tha)# Stcoks—22 Mar 19

Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'AA+(tha)' to EASY BUY Public Company Limited's (EB; AA+(tha)/Stable) upcoming issue of senior unsecured bonds. The bonds will have a tenor of up to three years, and proceeds from the

Fitch Rates ICBCTL#s Senior Notes #AAA(tha)# Stcoks—22 Mar 19

Fitch Ratings (Thailand) Limited has assigned ICBC (Thai) Leasing Company Limited's (ICBCTL, AAA(tha)/Stable/F1+(tha)) upcoming long-term senior unsecured notes with an issuance size of up to THB6 billion a National Long-Term Rating of 'AAA(tha)'. The

Fitch Affirms Thailand#s Navanakorn Electricity at #A-(tha)#; Outlook Stcoks—13 Mar 19

Fitch Ratings (Thailand) has affirmed Navanakorn Electricity Generating Company Limited's (NNEG) National Long-Term Rating at 'A-( tha )'. The Outlook is Stable. The affirmation reflects our view that the company will reduce its FFO adjusted net leverage

Fitch Affirms Thailand#s IRPC at #A-(tha)#; Outlook Stable Stcoks—13 Mar 19

Fitch Ratings (Thailand) has affirmed refining and petrochemical company IRPC Public Company Limited's (IRPC) National Long-Term Rating at 'A-(tha)', its National Short-Term Rating at 'F2(tha)', and the senior unsecured national rating at 'A-(tha)'. The

Fitch Ratings: Thai Life Insurers Shift Product Focus, Intense Competition Stcoks—08 Mar 19

Thai life insurers' credit profiles can benefit from paying more attention to the quality of their revenue sources, particularly those companies operating in a challenging environment, Fitch Ratings says. Intense competition in some product lines is

Fitch Rates Bank of Ayudhya#s Senior Unsecured Bonds #AAA(tha)# Stcoks—06 Mar 19

Fitch Ratings-Bangkok-06 March 2019: Fitch Ratings (Thailand) has assigned Bank of Ayudhya Public Company Limited's (BAY, AAA(tha)/Stable) upcoming issue of senior unsecured bonds a National Long-Term Rating of 'AAA(tha)'. The proposed bonds will have a