Fitch Upgrades FNS Holdings to ‘CCC+(tha)’; Withdraws Ratings

Fitch Ratings (Thailand) Limited has upgraded the National Long-Term Rating of FNS Holdings Public Company Limited to ‘CCC+(tha)’ from ‘CCC-(tha)’. We have also affirmed its National Short-Term Rating at ‘C(tha)’. Simultaneously, Fitch has withdrawn the ratings. The upgrade reflects reduction in refinancing risk after FNS successfully redeemed its debentures in October 2025. The rating reflects […]

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