Fitch Downgrades JWD InfoLogistics to ‘BB+(tha)’; Outlook Stable
Fitch Ratings (Thailand) has downgraded Thailand-based integrated inland logistics operator JWD InfoLogistics Public Company Limited’s National Long-Term Rating to ‘BB+(tha)’ from ‘BBB-(tha)’ and National Short-Term Rating to ‘B(tha)’ from ‘F3(tha)’. At the same time, Fitch has affirmed the bond programme guaranteed by Credit Guarantee and Investment Facility (CGIF) at ‘AAA(tha)’.…
