Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers P > Headlines for PTT Treasury Center Co. Ltd. > News item |
S&P rates PTT notes BBB+
S&P said it assigned a BBB+ rating to the PTT PCL’s proposed notes, which will be sold through its financing arm PTT Treasury Center Co. Ltd. PTT PCL will guarantee the notes. The notes will be sold through the company’s $2 billion medium-term note program.
“The program and proposed issuance are neutral to PTT’s debt position, in our view. This is because PTT will likely use the proceeds to fund committed investment projects, which we have included in our base case,” S&P said in a press release.
© 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.