“AA” for issuer rating of CPNREIT

Corporate June 30, 2018 01:00

By The Nation

TRIS Rating affirms the issuer rating of CPN Retail Growth Leasehold Real Estate Investment Trust (CPNREIT) at “AA”.

 At the same time, TRIS Rating assigns the rating of “AA” to CPNREIT’s proposed issue of up to Bt16,250 million in senior unsecured debentures. The proceeds from the new debentures will be used to repay the trust’s Bt14,456 million outstanding bank loans and for normal operation.

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