Bangkok--Jun 20--Moody's Investors Service
Moody's Investors Service has assigned a final foreign currency long-term rating of Baa1 to the US$350 million bonds recently issued by Thai Oil Public Company Ltd (Thaioil). The rating outlook is stable.
Thai Oil Public Company Ltd is predominantly engaged in oil refining and
headquartered in Bangkok, Thailand. The company owns and operates a 220,000 barrels/day refinery and a paraxylene plant with an annual capacity of 348,000 tons. The company also has power, lube base and marine operations. For the fiscal year ending 31 December 2004, it generated sales revenue of Baht 184.8 billion.
Sydney
Terry Fanous
VP - Senior Credit Officer
Corporate Finance Group
Moody's Investors Service Pty Ltd
612 9270 8100
Sydney
Brian Cahill
Managing Director
Corporate Finance Group
Moody's Investors Service Pty Ltd
612 9270 8100 End.