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Fitch Ratings has affirmed Thailand-based Global Power Synergy Public Company Limited’s (GPSC) Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ and National Long-Term Rating at ‘A+(tha)’. The Outlook is Stable. The agency has also affirmed the ‘A+(tha)’ rating on GPSC’s senior unsecured ratings. The affirmation reflects GPSC’s strong business profile as a leading private-power…

Fitch Ratings has affirmed Thailand’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB+’ with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. Key Rating DriversExternal Strengths, Structural Constraints: Thailand’s ratings are underpinned by its robust external finances and strong macroeconomic policy framework, which should bolster […]