Fitch Affirms Thai Beverage at ‘BBB-‘/’AA(tha)’; Outlook Stable

Fitch Ratings has affirmed Thai Beverage Public Company Limited’s (ThaiBev) Long-Term Foreign-Currency Issuer Default Rating at ‘BBB-‘ and National Long-Term Rating at ‘AA(tha)’ with a Stable Outlook. Fitch has also affirmed the senior unsecured rating at ‘AA(tha)’. The affirmation reflects our expectation ThaiBev will continue deleveraging to a level consistent with its current rating within […]

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