Fitch Rates Thai Oil’s Proposed Debentures ‘A+(tha)’

Fitch Ratings (Thailand) has assigned an ‘A+(tha)’ rating to Thai Oil Public Company Limited’s (TOP; A+(tha)/Negative) proposed senior unsecured debentures of up to THB12 billion. The proposed debentures constitute direct, unsecured, unconditional and unsubordinated obligations of the company and are rated at the same level as TOP’s National Long-Term Rating, in line with its other […]

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