Bangkok--19 Oct--Fitch Ratings
Fitch Ratings (Thailand) Limited has today assigned final ‘AA+(tha)’ National Long-term rating to Krungthep Land Company Limited’s (KLAND) debentures with three different maturities. The Outlook is Stable. The debentures are guaranteed by Krung Thai Bank Public Company Limited (KTB, ‘AA+(tha)’/ Stable).
The rating action follows the completion of the debentures issue and receipt of documents conforming to information previously received. The final rating is the same as the expected rating assign on 16 September 2010.
For further details, please refer to the rating action commentary entitled, “Fitch Assigns Expected Rating to Krungthep Land’s Guaranteed Debentures”, dated 16 September 2010, available at www.fitchratings.com.
Contacts:
Primary Analyst
Pimrumpai Panyarachun
Associate Director
+66 2655 4752
Fitch Ratings (Thailand) Limited
Wave Place 13th Fl., Wireless Road, Lumpini, Patumwan,
Bangkok 10330, Thailand
Secondary Analyst
Somruedee Chaiworarat
Associate Director
+66 2655 4762
Committee Chairperson
Kalai Pillay
Senior Director