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Published on 10/20/2023 in the Prospect News Emerging Markets Daily.

Fitch rates ICBC (Thai) notes AAA(tha)

Fitch Ratings said it assigned ICBC (Thai) Leasing Co. Ltd.'s senior unsecured notes an AAA(tha) national long-term rating.

The notes will be issued under the company’s 2022 medium-term note program, rated AAA(tha), and the proceeds will be used for refinancing and/or working capital.

The outlook is stable.


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