Fitch Ratings-Bangkok : Thailand-based Advanced Info Service Public Company Limited (AIS; AA+(tha)/Stable) has upsized its proposed debentures to THB20 billion, from THB10 billion as rated on 20 March 2023.

The upsizing does not affect Fitch Ratings (Thailand)’s view of AIS’s credit quality, and therefore the senior unsecured debentures are rated at the same ‘AA+(tha)’ National Long-Term Rating – as they constitute AIS’s direct, unsecured, unconditional and unsubordinated obligations.

For more information on the National Long-Term Rating and other ratings of AIS, please see Fitch Rates AIS’s Proposed Debentures ‘AA+(tha)’.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Toyota Suspends Sales of Yaris Model in Thailand over Safety Test Issue

Approximately 76,000 of those vehicles, according to Daihatsu, were Yaris Ativs, mostly headed for Thailand, Mexico, and the Gulf Cooperation Council.

What shifting supply chains for semiconductors mean for Emerging markets in South-East Asia

The manufacturing of semiconductors is dominated by three countries – China, South Korea and Taiwan – which accounted for 87% of the global market in 2021.