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Moody's cuts PTT view to negative
Moody's Investors Service said it changed to negative from stable the outlook for the A3 foreign-currency issuer rating and foreign-currency senior unsecured bank loan and A2 foreign-currency bond rating for PTT plc. The agency also affirmed its A2 local-currency issuer rating with a stable outlook.
This action follows a change in outlook to negative for Thailand's A3 foreign-currency bond country ceiling, Baa1 foreign-currency deposit ceiling, and Baa1 foreign- and local-currency government ratings, the agency said.
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