Fitch Rates AIS’s Proposed Debentures ‘AA+(tha)’

Fitch Ratings (Thailand) Limited has assigned a ‘AA+(tha)’ rating to Advanced Info Service Public Company Limited’s (AIS; AA+(tha)/Stable) proposed senior unsecured debentures of up to THB10 billion. The proceeds will be used as working capital, to refinance existing debt and to fund capex. The proposed debentures constitute direct, unsecured, unconditional and unsubordinated obligations of the […]

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