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Prospect News home > News index > List of issuers M > Headlines for Mitsubishi Motors (Thailand) Co. Ltd. > News item |
Fitch gives Mitsubishi Motors (Thailand) debentures AA+
Fitch Ratings (Thailand) Ltd. said it assigned a final national long-term rating of AA+(tha) to the THB2.0 billion three-year guaranteed debentures issued by Mitsubishi Motors (Thailand) Co. Ltd/
The outlook is positive.
The rating is based entirely on a full, irrevocable and unconditional guarantee by Bank of Tokyo Mitsubishi UFJ of Japan (international long-term foreign currency A- with positive outlook).
The rating of the guarantor reflects Fitch's opinion that there is an extremely high probability of support for the bank, from the Japanese government, should the need arise.
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