Finance

Fitch Ratings has affirmed Thailand-based Siam City Cement Public Company Limited’s (SCCC) National Long-Term Rating at ‘A(tha)’, its National Short-Term Rating at ‘F1(tha)’ and the National Long-Term Rating on its senior unsecured debentures at ‘A(tha)’. The Outlook is Stable. SCCC’s ratings reflect the company’s business profile as a small regional cement manufacturer with a solid…

Fitch Ratings (Thailand) has assigned a National Long-Term Rating of ‘A(tha)’ to Asia Sermkij Leasing Public Company Limited’s (ASK, A(tha)/Stable) upcoming issue of Thai baht senior unsecured debentures. The proceeds will be used for debt repayment and working capital. KEY RATING DRIVERSThe senior unsecured debentures are rated at the same level as ASK’s National Long-Term […]