FITCH RATINGS Press Releases http://www.thailand4.com/fitchratings/ Fitch Upgrades BAY#s Short-Term IDR to #F1#; Affirms Long-Term IDR at #A-# 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 th-TH Sat, 20 Apr 2019 11:43:59 +0700 Fitch Affirms Siam Commercial Bank at #BBB+# and SCB Securities at #AA(tha)#; Outlook Stable http://www.thailand4.com/.fin/2019-04-17/4b9d1db7b3e436ed173d19a79b64d84b/ 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 http://www.thailand4.com/.fin/2019-04-17/4b9d1db7b3e436ed173d19a79b64d84b/ Wed, 17 Apr 2019 12:02:48 +0700 Fitch Affirms KASIKORNBANK at #BBB+#, Kasikorn Securities at #AA(tha)# http://www.thailand4.com/.fin/2019-04-17/8a653c6b671f6aed050d984160e53282/ 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 http://www.thailand4.com/.fin/2019-04-17/8a653c6b671f6aed050d984160e53282/ Wed, 17 Apr 2019 11:19:26 +0700 Fitch Affirms Krung Thai Outlook Stable http://www.thailand4.com/.fin/2019-04-17/1198fd6a4eca5e6ed990241fda205291/ 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 http://www.thailand4.com/.fin/2019-04-17/1198fd6a4eca5e6ed990241fda205291/ Wed, 17 Apr 2019 10:59:50 +0700 เมืองไทยประกันชีวิต สุดปลื้ม ฟิทช์ เรทติ้งส์ ปรับเพิ่มอันดับเครดิต #A-# แนวโน้มอันดับเครดิตมีเสถียรภาพ ตอกย้ำสถานะธุรกิจแข็งแกร่งอย่างต่อเนื่อง http://www.thailand4.com/fin/2019-04-17/6f79c0224555151e2c1122c39f1d8c65/ นายสาระ ล่ำซำ กรรมการผู้จัดการและประธานเจ้าหน้าที่บริหาร บริษัท เมืองไทยประกันชีวิต จำกัด (มหาชน) เปิดเผยว่า บริษัทฯ ได้รับการปรับเพิ่มอันดับความแข็งแกร่งทางการเงินสากล (Insurer Financial Strength : IFS) จากฟิทช์ เรทติ้งส์ (Fitch Ratings) เมื่อวันที่ 1 http://www.thailand4.com/fin/2019-04-17/6f79c0224555151e2c1122c39f1d8c65/ Wed, 17 Apr 2019 10:37:33 +0700 Fitch Affirms Bangkok Bank at #BBB+# and #AA+(tha); Outlook Stable http://www.thailand4.com/.fin/2019-04-17/cd0e481ec2967799ca4a6f05ba94afed/ 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 http://www.thailand4.com/.fin/2019-04-17/cd0e481ec2967799ca4a6f05ba94afed/ Wed, 17 Apr 2019 10:26:25 +0700 Fitch Ratings: Telcos# Short Reprieve from Thailand#s 900MHz Payment Delay http://www.thailand4.com/.fin/2019-04-12/bc5515d1ec4ffb6c822547f4ce0fc247/ 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 ( BBB+/AA+(tha)/Stable) and Total Access Communication Public Company Limited http://www.thailand4.com/.fin/2019-04-12/bc5515d1ec4ffb6c822547f4ce0fc247/ Fri, 12 Apr 2019 16:28:05 +0700 Fitch Affirms Polyplex Thailand at #A-(tha)#; Stable Outlook http://www.thailand4.com/.fin/2019-04-12/9d845b158cee9f97aedacd8658fa1e3a/ 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 http://www.thailand4.com/.fin/2019-04-12/9d845b158cee9f97aedacd8658fa1e3a/ Fri, 12 Apr 2019 15:29:19 +0700 ไทยประกันชีวิตปลื้ม ฟิทช์ เรทติ้งส์ ปรับเพิ่มเครดิตความแข็งแกร่งทางการเงินสากลเป็น A- แนวโน้มมีเสถียรภาพ สูงสุดในธุรกิจไทย จากฐานะการเงินและโครงสร้างธุรกิจเข็มแข็ง ระดับเงินกองทุนแข็งแกร่ง ผนวกประสิทธิภาพการลงทุนที่ดี http://www.thailand4.com/fin/2019-04-12/bb81ce8450d9ec987f8f47eca1bf5749/ นางวรางค์ ไชยวรรณ กรรมการและรองกรรมการผู้จัดการใหญ่อาวุโส บริษัท ไทยประกันชีวิต จำกัด (มหาชน) เปิดเผยว่า สถาบันจัดอันดับเครดิตทางการเงินระดับโลก ฟิทช์ เรทติ้งส์ (Fitch Ratings) ได้ประกาศเพิ่มอันดับความแข็งแกร่งทางการเงินของบริษัทฯ http://www.thailand4.com/fin/2019-04-12/bb81ce8450d9ec987f8f47eca1bf5749/ Fri, 12 Apr 2019 9:38:37 +0700 Fitch Revises Thai Beverage Outlook to Affirms at #BBB-#/#AA(tha)# http://www.thailand4.com/.fin/2019-04-10/f7e6bfdd4fb8d4445fba9d7b3ef3ceb0/ 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 http://www.thailand4.com/.fin/2019-04-10/f7e6bfdd4fb8d4445fba9d7b3ef3ceb0/ Wed, 10 Apr 2019 17:27:05 +0700 Fitch Affirms SHREIT at #BB+(tha)# and Withdraws Rating http://www.thailand4.com/.fin/2019-04-05/69d8d15ed6815763b232056d8823a4e7/ 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 http://www.thailand4.com/.fin/2019-04-05/69d8d15ed6815763b232056d8823a4e7/ Fri, 05 Apr 2019 10:38:43 +0700 Fitch Maintains Siam City Cement#s Negative Affirms at #A(tha)# http://www.thailand4.com/.fin/2019-04-02/4052e9b9a29e6d754c76a2c7d9052cb0/ 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 http://www.thailand4.com/.fin/2019-04-02/4052e9b9a29e6d754c76a2c7d9052cb0/ Tue, 02 Apr 2019 16:09:32 +0700 Fitch Upgrades Muang Thai Life#s IFS to #A-#; Outlook Stable http://www.thailand4.com/.fin/2019-04-01/6303fd5d6995be6f422e4608c56357eb/ 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 http://www.thailand4.com/.fin/2019-04-01/6303fd5d6995be6f422e4608c56357eb/ Mon, 01 Apr 2019 16:24:42 +0700 Fitch Affirms DAD SPV#s Bonds at #AAAsf(tha)#; Outlook Stable http://www.thailand4.com/.fin/2019-03-27/8b92cc9a41cfce742b05119f73b12a52/ 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 http://www.thailand4.com/.fin/2019-03-27/8b92cc9a41cfce742b05119f73b12a52/ Wed, 27 Mar 2019 12:38:22 +0700 Fitch Ratings: PTT#s Purchase of Murphy Oil#s Malaysia Assets to Raise Output, Reserves http://www.thailand4.com/.fin/2019-03-26/a4ebae6b674f46c9d488c0745ac98357/ 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 http://www.thailand4.com/.fin/2019-03-26/a4ebae6b674f46c9d488c0745ac98357/ Tue, 26 Mar 2019 14:08:38 +0700 Fitch Rates EASY BUY#s THB Senior Unsecured Bonds at #AA+(tha)# http://www.thailand4.com/.fin/2019-03-22/9ac16a171f79e1d4369750c198227422/ Fitch Ratings (Thailand) has assigned a National Long-Term Rating of #AA+(tha)# to EASY BUY Public Company Limited#s ( AA+(tha)/Stable) upcoming issue of senior unsecured bonds. The bonds will have a tenor of up to three years, and proceeds from the http://www.thailand4.com/.fin/2019-03-22/9ac16a171f79e1d4369750c198227422/ Fri, 22 Mar 2019 17:26:29 +0700 Fitch Rates ICBCTL#s Senior Notes #AAA(tha)# http://www.thailand4.com/.fin/2019-03-22/ad96f046c0b82869da51ae20359c74fa/ 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 http://www.thailand4.com/.fin/2019-03-22/ad96f046c0b82869da51ae20359c74fa/ Fri, 22 Mar 2019 15:18:34 +0700 Fitch Affirms Thailand#s Navanakorn Electricity at #A-(tha)#; Outlook Stable http://www.thailand4.com/.fin/2019-03-13/67f9426499ab466a5b61d2e330bc098a/ 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 http://www.thailand4.com/.fin/2019-03-13/67f9426499ab466a5b61d2e330bc098a/ Wed, 13 Mar 2019 12:56:00 +0700 Fitch Affirms Thailand#s IRPC at #A-(tha)#; Outlook Stable http://www.thailand4.com/.fin/2019-03-13/5d17161d0bfc258aa17e28d6656e8bed/ 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 http://www.thailand4.com/.fin/2019-03-13/5d17161d0bfc258aa17e28d6656e8bed/ Wed, 13 Mar 2019 12:53:07 +0700 Fitch Ratings: Thai Life Insurers Shift Product Focus, Intense Competition Looms http://www.thailand4.com/.fin/2019-03-08/50263a8b42e3caa39587fdffbc0e0922/ 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 http://www.thailand4.com/.fin/2019-03-08/50263a8b42e3caa39587fdffbc0e0922/ Fri, 08 Mar 2019 11:02:03 +0700 Fitch Rates Bank of Ayudhya#s Senior Unsecured Bonds #AAA(tha)# http://www.thailand4.com/.fin/2019-03-06/8cf0646601a71e7cd922f9a1521a63be/ 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 http://www.thailand4.com/.fin/2019-03-06/8cf0646601a71e7cd922f9a1521a63be/ Wed, 06 Mar 2019 17:10:28 +0700 Fitch Affirms FTREIT at #A(tha)# and Withdraws Ratings http://www.thailand4.com/.fin/2019-02-13/1144e77a6d97f6f50fe5cedfc9c69ae9/ Fitch Ratings (Thailand) Limited has affirmed Frasers Property Thailand Industrial Freehold Leasehold REIT#s (FTREIT) National Long-Term Rating and its national senior unsecured rating at #A(tha)#. The Outlook is Stable. Fitch has simultaneously http://www.thailand4.com/.fin/2019-02-13/1144e77a6d97f6f50fe5cedfc9c69ae9/ Wed, 13 Feb 2019 16:08:00 +0700 Fitch Ratings: Competition to Weigh on Thai Telcos# Profitability http://www.thailand4.com/.evnt/2019-02-13/8d9f82c6b6cb3881e4a662c10ef8dcf0/ The latest quarterly results of two major Thai telecom operators signal a challenging outlook for the sector amid intense competition, says Fitch Ratings. The agency expects domestic telcos to embark on aggressive marketing activities, which are likely http://www.thailand4.com/.evnt/2019-02-13/8d9f82c6b6cb3881e4a662c10ef8dcf0/ Wed, 13 Feb 2019 13:58:09 +0700 Fitch Assigns SHREIT Final #BB+(tha)# Rating, Outlook Stable http://www.thailand4.com/.fin/2019-02-05/dee2eba0df57af5b6ab8d8b2e96fd0af/ Fitch Ratings (Thailand) Limited has assigned Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust (SHREIT) a final National Long-Term Rating of #BB+(tha)#, which has been downgraded from the #BBB(tha)(EXP)# expected http://www.thailand4.com/.fin/2019-02-05/dee2eba0df57af5b6ab8d8b2e96fd0af/ Tue, 05 Feb 2019 18:02:36 +0700 Fitch Rates Siam Cement#s New Debentures #A+(tha)# http://www.thailand4.com/.fin/2019-01-31/c9ce8577c50f0cf3904159fe227cdb61/ Fitch Ratings (Thailand) Limited has assigned a National Long-Term Rating of #A+(tha)# to The Siam Cement Public Company Limited#s (SCC, A+(tha); Stable) new THB15 billion unsecured and unsubordinated debentures - No.1/2562 - due 2023. The proceeds will http://www.thailand4.com/.fin/2019-01-31/c9ce8577c50f0cf3904159fe227cdb61/ Thu, 31 Jan 2019 17:54:34 +0700 Fitch Rates Siam Commercial Bank#s USD Senior Notes Final #BBB+# http://www.thailand4.com/.fin/2019-01-30/e1d09111d146b37c64896c84cadb43bc/ Fitch Ratings has assigned a final rating of #BBB+# to The Siam Commercial Bank Public Company Limited#s ( BBB+/Stable/bbb+) USD500 million senior unsecured notes maturing in February 2024 and USD500 million senior unsecured notes maturing in http://www.thailand4.com/.fin/2019-01-30/e1d09111d146b37c64896c84cadb43bc/ Wed, 30 Jan 2019 18:13:10 +0700 Fitch Rates Siam Commercial Bank#s USD Senior Notes #BBB+(EXP)# http://www.thailand4.com/.fin/2019-01-28/c791551e7a1666fa44505b2c036a2ff9/ Fitch Ratings has assigned an expected #BBB+(EXP)# rating to The Siam Commercial Bank Public Company Limited#s ( BBB+/Stable/bbb+) proposed US dollar senior unsecured notes, which will be issued under the USD3.5 billion medium-term note (MTN) http://www.thailand4.com/.fin/2019-01-28/c791551e7a1666fa44505b2c036a2ff9/ Mon, 28 Jan 2019 15:53:45 +0700 Fitch Ratings: GPSC#s Debt to Rise Ratings Still on Watch http://www.thailand4.com/.fin/2019-01-24/2e5605d39ddd998aa683aeec49721c27/ Fitch Ratings says Global Power Synergy Public Company Limited#s (GPSC, A+(tha)/Rating Watch Negative) plan to invest in the Energy Recovery Unit Project (ERU) - a 250 MW thermal power plant that is part of Thai Oil Public Company Limited#s (TOP, http://www.thailand4.com/.fin/2019-01-24/2e5605d39ddd998aa683aeec49721c27/ Thu, 24 Jan 2019 14:36:04 +0700 Fitch Rates KTB Securities# THB Subordinated Debentures #BB-(tha)# http://www.thailand4.com/.fin/2019-01-22/0e37ea8d9ec5a41a6787423b4f7a2898/ Fitch Ratings (Thailand) has today assigned a National Long-Term Rating of #BB-(tha)# to KTB Securities (Thailand) Public Company Limited#s ( BB(tha)/Stable) upcoming issue of up to THB400 million in subordinated debentures. The debentures will http://www.thailand4.com/.fin/2019-01-22/0e37ea8d9ec5a41a6787423b4f7a2898/ Tue, 22 Jan 2019 10:01:02 +0700 Fitch Ratings: Dispute Settlement Costs Trim DTAC#s Rating Headroom http://www.thailand4.com/.fin/2019-01-11/c72b4f45eb351356e7db21a93404f8cf/ The announcement by Thailand#s third-largest mobile operator, Total Access Communication Public Company Limited ( BBB/AA(tha)/Stable), that it has agreed to a settlement with state-owned CAT Telecom Public Company Limited (CAT) potentially reduces http://www.thailand4.com/.fin/2019-01-11/c72b4f45eb351356e7db21a93404f8cf/ Fri, 11 Jan 2019 17:24:24 +0700