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Published on 1/30/2009 in the Prospect News Emerging Markets Daily.

Fitch rates Thai Oil debt AA-(tha)

Fitch Ratings said it assigned Thai Oil PCL's new issuance of unsecured and unsubordinated debentures of up to 12 billion in Thai baht, up from to 10 billion in Thai baht, national long-term ratings of AA-(tha).

The update is due to the increase in the issue, the agency said.


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