KEY RATING DRIVERS
The rating is based on AEONTS's National Long-Term Rating, as the notes represent the company's senior unsecured obligations.
AEONTS's National Long-Term Rating is driven by its Standalone Credit Profile, and its position as one of the largest non-bank consumer finance companies in Thailand with sound market shares in personal loans and credit cards.
DEBT AND OTHER INSTRUMENT RATINGS: KEY RATING DRIVERS
For further details on AEONTS's key rating drivers and rating sensitivities, please see our latest commentary, Fitch Affirms AEON Thana Sinsap at 'A-(tha)'; Outlook Stable, published 4 March 2022.
DEBT AND OTHER INSTRUMENT RATINGS: RATING SENSITIVITIES
Any change in AEONTS's National Long-Term Rating would lead to similar action on the senior note rating.
DATE OF RELEVANT COMMITTEE
03 March 2022
REFERENCES FOR SUBSTANTIALLY MATERIAL SOURCE CITED AS KEY DRIVER OF RATING
The principal sources of information used in the analysis are described in the Applicable Criteria.
Additional information is available on www.fitchratings.com
Source: Fitch Ratings