Siam Commercial Bank Public Co. Ltd.#s Senior Unsecured Notes Under MTN Program Rated #BBB+#

Stocks and Financial Services Press Releases Monday November 13, 2017 17:41
SINGAPORE--13 Nov--S&P Global Ratings

SINGAPORE (S&P Global Ratings) Nov. 13, 2017--S&P Global Ratings today assigned its 'BBB+' long-term issue rating to a proposed issue of U.S.-dollar-denominated senior unsecured notes by Siam Commercial Bank Public Co. Ltd. (SCB: BBB+/Stable/A-2). SCB is issuing the notes under the bank's US$3.5 billion global medium-term notes program. The ratings on these notes reflect the long-term issuer credit rating on SCB.

The notes will constitute direct, unconditional, unsecured, and unsubordinated obligations of SCB. The notes will rank equally with all other unsecured obligations of the bank, except for statutorily preferred obligations.

Latest Press Release

Elia System Operator #BBB+/A-2# Ratings Affirmed On Plans To Acquire Additional Stake In 50Hertz

FRANKFURT (S&P Global Ratings) March 23, 2018--S&P Global Ratings said today that it had affirmed its 'BBB+/A-2' long- and short-term issuer credit ratings on Belgian transmission system operator Elia System Operator S.A./N.V. (Elia). The outlook...

TRIS Rating Affirms Company Rating and Outlook of BSL at BBB/Stable

TRIS Rating affirms the company rating of BSL Leasing Co., Ltd. (BSL) at "BBB". The rating reflects the company's experienced management team, acceptable risk management practices, and financial support from its major shareholders. However, these...

France-Based Insurer AXA#s Tier 2 Subordinated Notes Rated #BBB+#; Rating Subsequently Put On Watch Negative

MILAN (S&P Global Ratings) March 23, 2018--S&P Global Ratings today assigned its 'BBB+' long-term issue rating to the tier 2 subordinated notes issued by France-based AXA (A/Watch Neg/A-1), the holding company of AXA Group (core operating...

FE Investments Ltd. Outlook Revised To Negative On Lower-Than-Expected Capi Ratings Affirmed At #B/B#

MELBOURNE (S&P Global Ratings) March 23, 2018--S&P Global Ratings today said it has revised its outlook on ASX-listed and primarily New Zealand-based FE Investments Ltd. (FEI) to negative from stable. At the same time, we affirmed our 'B'...

Implementing digital trade facilitation could cut trade costs in Asia-Pacific by $673 billion annually, says UN report

According to the Digital Trade Facilitation in Asia and the Pacific report launched today by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), full implementation of the World Trade Organization's (WTO) Trade...

Related Topics