Bangkok--6 Dec--Fitch Ratings
Fitch Ratings (Thailand) Limited has withdrawn the 'A-(tha)' National Long-Term Rating on TICON Freehold and Leasehold Real Estate Investment Trust's (TREIT) senior unsecured bonds because TREIT has cancelled its plan for the bond issue.
Date of Relevant Rating Committee: 18 August 2016
Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings. The best risk within a country is rated 'AAA' and other credits are rated only relative to this risk. National ratings are designed for use mainly by local investors in local markets and are signified by the addition of an identifier for the country concerned, such as 'AAA(tha)' for National ratings in Thailand. Specific letter grades are not therefore internationally comparable.
Additional information is available at www.fitchratings.com