Fitch Affirms Bangkok Aviation Fuel Services at ‘BBB+(tha)’; Outlook Remains Negative

Fitch Ratings (Thailand) has affirmed Bangkok Aviation Fuel Services Public Company Limited’s (BAFS) National Long-Term Rating at ‘BBB+(tha)’ and maintained the Negative Outlook. BAFS recently granted a subsidiary of Bangchak Petroleum Public Company Limited the right to manage a part of subsidiary Fuel Pipeline Transportation Company Limited’s (FPT) pipeline system (Bangkok to Bang Pa-in) for […]

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