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TRIS affirm’s Thoresen Thai Agencies ratings, assigns ‘BBB’ to new Bt1.5bn debentures

Sep 24. 2018
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By The Nation

TRIS Rating on Monday affirmed the company rating on Thoresen Thai Agencies at “BBB”.

It also affirmed the rating on the listed company’s existing senior unsecured debentures at “BBB”. 

At the same time, TRIS assigned the same rating to TTA’s issuance of up to Bt1.5 billion in senior unsecured debentures. 

TTA will use the proceeds from the new debentures to procure new dry-bulk vessels, and for working capital.

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