Fitch Withdraws National Short-Term Rating on CGS-CIMB TH’s THB Subordinated Debentures
Fitch Ratings (Thailand) has withdrawn the National Short-Term Rating of ‘F2(tha)’ previously assigned on 25 July 2022 to CGS-CIMB Securities (Thailand) Co., Ltd.’s (CGS-CIMB TH; A(tha)/Stable/F1(tha)) proposed Thai baht subordinated debentures. Fitch is withdrawing CGS-CIMB TH’s subordinated debenture rating as the issuance has been cancelled. KEY RATING DRIVERSThe ‘F2(tha)’ National Short-Term Rating on the…