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Published on 7/31/2008 in the Prospect News Emerging Markets Daily.

Fitch rates AEON Thana bonds AAA(tha)

Fitch Ratings said it affirmed AEON Thana Sinsap (Thailand) Public Co. Ltd.'s national long-term rating at BBB+(tha) and its national short-term rating at F2(tha).

The outlook is stable.

The agency said it also assigned an expected national long-term rating of AAA(tha) to up to Thai baht 1 billion guaranteed debentures due 2010 and up to Thai baht 1 billion guaranteed debentures due 2012.

Fitch said the rating reflects the company's strong franchise in the Japanese and international market, good asset quality and capital.


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