| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers K > Headlines for Krungthep Land Co. Ltd. > News item |
Fitch rates Krungthep Land debentures AA+(tha)
Fitch Ratings said it assigned an expected AA+(tha) national long-term rating to Krungthep Land Co. Ltd.'s 500 million Thai baht of debentures due 2013 at AA+(tha), 250 million baht of debentures due 2014 at AA+(tha) and 250 million baht of debentures due 2015 at AA+(tha).
The debentures, which are guaranteed by Krung Thai Bank PCL, also have a stable outlook.
The ratings are based on a guarantee of the debentures' principal and interest payment by the bank, Fitch said.
The ratings are underpinned by strong government ownership and support as well as the company's improving financial strength, the agency said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.