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Fitch assigns ‘A-(tha)’ rating to AEONTS’ upcoming notes
Corporate October 08, 2018 17:40
By The Nation
Fitch Ratings (Thailand) has assigned AEON Thana Sinsap (Thailand)’s upcoming issue of baht-denominated senior unsecured notes a national long-term rating of “A-(tha)”.
Proceeds from AEONTS’s issuance will be used for general corporate purposes and refinancing.
The rating is based on the listed firm’s national long-term rating of “A-(tha)”, as the notes represent its senior unsecured obligations, Fitch said on Monday.