Fitch: PTT unchanged

Fitch Ratings said PTT Public Co. Ltd.'s national ratings are not affected by the Supreme Administrative Court's ruling that PTT must transfer expropriated land and gas transmission pipelines back to the state.

PTT has a national Long-term rating at AA+(tha), national short-term rating at F1+(tha) and national senior unsecured debentures at AA+(tha).

The outlook remains stable.

Fitch said it expects the financial impact to be limited and should not cause material deterioration to its current strong financial profile.

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