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Fitch gives AA+(tha) to Easy Buy bonds
Fitch Ratings (Thailand) said it assigned a national long-term rating of AA+(tha) to Easy Buy PCL’s (AA+(tha)/stable) upcoming issue of senior unsecured bonds of up to 1 billion Thai baht.
The bonds will have a maturity of three years.
Proceeds will be used for working capital and debt refinancing.
Fitch said the bonds are rated at the same level as Easy Buy’s national long-term rating of AA+(tha) as they represent the unsubordinated and unsecured obligations of the company.
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