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Prospect News home > News index > List of issuers V > Headlines for Vongsayam Korsang Co., Ltd. > News item |
Fitch rates Vongsayam notes AAA
Fitch Ratings said it assigned an AAA(tha) rating to Vongsayam Korsang Co., Ltd.’s planned sale of debentures for up to 2 billion Thai baht. Credit Guarantee and Investment Facility (CGIF) will guarantee the notes.
“The rating on the proposed debentures is based solely on the unconditional and irrevocable guarantee of scheduled payments of interest and principal provided by the CGIF,” Fitch said in a press release.
The outlook is stable.
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