Fitch Ratings

Fitch Ratings (Thailand) has revised the Outlook on Bangkok Aviation Fuel Services Public Company Limited’s (BAFS) National Long-Term Rating to Negative, from Stable, and has affirmed the rating at ‘BBB+(tha)’. The Negative Outlook reflects the risks to BAFS’ deleveraging to a level that is consistent with its rating over the next 18-24 months. These include […]

Fitch Ratings (Thailand) has assigned an expected National Long-Term Rating of ‘AAA(tha)(EXP)’ to guaranteed bonds of up to THB1.0 billion to be issued by Thai ORIX Leasing Company Limited (TOLC). The Outlook is Stable. The final rating for the upcoming issuance is contingent upon the receipt of final documents conforming to information already received and […]

Fitch Ratings (Thailand) has affirmed Global Power Synergy Public Company Limited’s (GPSC) National Long-Term Rating at ‘A+(tha)’ with a Stable Outlook. At the same time, the agency has affirmed GPSC’s senior unsecured rating at ‘A+(tha)’. GSPC’s rating incorporates a two-notch uplift from its ‘a-(tha)’ Standalone Credit Profile (SCP) to reflect ‘Moderate’ linkages with its…

Fitch Ratings has affirmed Thailand-based telecommunications company Advanced Info Service Public Company Limited’s (AIS) and operating subsidiary Advanced Wireless Network Company Limited’s (AWN) National Long-Term Rating at ‘AA+(tha)’ with a Stable Outlook and their National Short-Term Ratings at ‘F1+(tha)’. At the same time, Fitch has affirmed AIS’s and AWN’s national senior unsecured rating at…