Bangkok--31 May--TRIS Rating
TRIS Rating Co., Ltd. has cancelled the ratings it assigned to True Multimedia Co., Ltd. (TM) and its Bt1,300 million senior secured debentures (TM083A, TM093A). The cancellation came at the request of the company due to the early redemption of all of its outstanding debentures.
Therefore, TRIS Rating will no longer monitor TM's performance, and the previously-assigned “BBB/Stable” ratings should not be used for reference.