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Fitch Ratings (Thailand) has assigned Asia Sermkij Leasing Public Company Limited’s (ASK, A(tha)/Stable) senior unsecured notes a National Long-Term Rating of ‘A(tha)’. The proceeds will be used for debt repayment and working capital. KEY RATING DRIVERSThe senior unsecured notes are rated at the same level as ASK’s National Long-Term Rating, as they constitute the issuer’s […]

Fitch Ratings has affirmed Electricity Generating Authority of Thailand’s (EGAT) Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB+’ with a Stable Outlook. The agency has also affirmed EGAT’s senior unsecured rating at ‘BBB+’. EGAT’s ratings reflect its Standalone Credit Profile (SCP) of ‘bbb+’, the same level as that of the Thai sovereign (BBB+/Stable). Fitch will […]