Bangkok--13 Jul--Moody's Investors
Moody's Investors Service has today withdrawn the corporate family rating and senior unsecured ratings of G Steel Public Company ("G Steel"). The ratings have been withdrawn because Moody's believes it lacks adequate information to maintain the ratings.
Please refer to Moody's Withdrawal Policy on moodys.com.
Moody's previous rating action on G Steel was on 7 May 2009 when the corporate family rating and unsecured debt rating of G Steel were downgraded to Ca with a negative outlook.
The principal methodology used in rating G Steel was the Rating Methodology for Global Steel Industry, which can be found at www.moodys.com in the Credit Policy & Methodologies directory, in the Ratings Methodologies subdirectory.
Other methodologies and factors that may have been considered in the process of rating this issuer can also be found in the Credit Policy & Methodologies directory.
Headquartered in Bangkok, G Steel Public Company Limited ("G Steel") is Thailand's second largest hot rolled coil ("HRC") steel manufacturer and distributor.
Singapore
Kathleen Lee
Vice President - Senior Analyst
Corporate Finance Group
Moody's Singapore Pte Ltd.
JOURNALISTS: (852) 2916-1150
SUBSCRIBERS: (65) 6398-8308
Singapore
Tony Tsai
Senior Vice President
Corporate Finance Group
Moody's Singapore Pte Ltd.
JOURNALISTS: (852) 2916-1150
SUBSCRIBERS: (65) 6398-8308