TRIS Rating has assigned the rating of “A+’’ to the proposed issue of up to Bt6 billion in senior unsecured debentures of Banpu (BANPU), while affirming the company rating and the ratings of the existing senior unsecured debentures of Banpu at “A+”.
The outlook remains “stable”. The ratings reflect the company’s leading position in the coal industry within the AsiaPacific region, diverse customer base and geographic diversification of coal reserves, financial flexibility, as well as a steady stream of income from the power segment.
Published : April 02, 2017
By : The Nation