Bangkok--Nov 13--TRIS
Thai Rating and Information Services (TRIS) announced Thursday, 13
November 1997 in a CreditUpdate that it has cancelled the rating assigned to
the 500 million baht senior debentures of Singer Thailand PLC (SINGER) at
the request of the company.
Therefore, TRIS will no longer monitor SINGER's rating, and the
rating assigned previously cannot be used as a reference.
Note: "CreditUpdate" reviews ratings of companies or debt issues that have
already been rated by TRIS. CreditUpdate occurs when new debt instruments
are issued or if significant events have taken place that may impact a
company's current ratings or when current rating are cancelled. The update
includes information to supplement the previously published ratings. End.
Thai Rating and Information Services (TRIS) announced Thursday, 13
November 1997 in a CreditUpdate that it has cancelled the rating assigned to
the 500 million baht senior debentures of Singer Thailand PLC (SINGER) at
the request of the company.
Therefore, TRIS will no longer monitor SINGER's rating, and the
rating assigned previously cannot be used as a reference.
Note: "CreditUpdate" reviews ratings of companies or debt issues that have
already been rated by TRIS. CreditUpdate occurs when new debt instruments
are issued or if significant events have taken place that may impact a
company's current ratings or when current rating are cancelled. The update
includes information to supplement the previously published ratings. End.