AA+ rating for to PTT Global Chemical’s senior unsecured debentures

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Corporate/30372047

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AA+ rating for to PTT Global Chemical’s senior unsecured debentures

Corporate July 01, 2019 11:42

By The Nation

Fitch Ratings (Thailand) has assigned a ‘AA+(tha)’ National Long-Term Rating to PTT Global Chemical Plc’s (PTTGC, AA+(tha)/Stable) new senior unsecured debentures. The debentures have a five-year tenure and will total up to Bt10 billion.

The debentures are rated at the same level as PTTGC’s National Long-Term Rating as they represent its senior unsecured obligations. Proceeds will be used as working capital, to refinance existing debt and to fund capex.

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