‘A’ ratings for NTL and its debenture plan
TRIS Rating has rated the outstanding senior unsecured debentures affirms the company rating of Ngern Tid Lor, formerly known as CFG Services, “A”.
It has assigned the same rating to NTL’s proposed issue of up to Bt2.7 million in senior unsecured debentures.
The rating firm said the scores reflect NTL’s strong risk management systems, nationwide branch network and diversified customer base.
“The ratings also reflect NTL’s strong brand name, Srisawad Ngern Tid Lor, in secured personal loans and brand name recognition among its target customers.”
