Fitch assigns ‘A-(tha)’ rating to AEONTS’ upcoming notes

MONDAY, OCTOBER 08, 2018
Fitch assigns ‘A-(tha)’ rating to AEONTS’ upcoming notes

Fitch Ratings (Thailand) has assigned AEON Thana Sinsap (Thailand)’s upcoming issue of baht-denominated senior unsecured notes a national long-term rating of “A-(tha)”. 


Proceeds from AEONTS’s issuance will be used for general corporate purposes and refinancing.
The rating is based on the listed firm’s national long-term rating of “A-(tha)”, as the notes represent its senior unsecured obligations, Fitch said on Monday.