E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/19/2012 in the Prospect News Emerging Markets Daily.

Fitch affirms IRPC

Fitch Ratings said it affirmed IRPC PCL's national long-term rating at A-(tha), national short-term rating at F2(tha) and national long-term rating on its senior unsecured debentures at A-(tha).

The outlook is stable.

The ratings are underpinned by the company's competitive advantage as a fully integrated oil refining and petrochemicals producer, Fitch said, and its expertise and long track record in downstream petrochemical products in Thailand, Fitch said.

IRPC's vertical integration provides cost advantages, a broad product range and reduced earnings volatility, the agency said.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.