TRIS affirms Betagro ratings, assigns an ‘A’ to planned debentures
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TRIS Rating has affirmed the company rating and outstanding senior unsecured debenture ratings of Betagro at ‘A’.
It has also assigned a rating of ‘A’ to the listed company’s proposed issue of up to Bt4.5 billion in senior unsecured debentures.
The proceeds from the new debentures will be used for planned capital expenditure.
TRIS said the ratings reflected the company’s proven record in the Thai agribusiness and food industries, full vertical integration across its diverse product lines, and the focus on value-added and branded products.
