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

CIFI Holdings (Group) Co. Ltd.#s Proposed U.S. Dollar Senior Unsecured Notes Assigned #B+# Rating

HONG KONG (S&P Global Ratings) Jan. 16, 2018--S&P Global Ratings today assigned its 'B+' long-term issue rating to a proposed issue of U.S. dollar-denominated senior unsecured notes by CIFI Holdings (Group) Co. Ltd. (CIFI; BB-/Stable/--). The...

Ratings Assigned To Reset European Cash Flow CLO Transaction Carlyle Global Market Strategies Euro CLO 2015-3

LONDON (S&P Global Ratings) Jan. 16, 2018--S&P Global Ratings today assigned its credit ratings to Carlyle Global Market Strategies Euro CLO 2015-3 DAC's class X, A1-A, A1-B, A2-A, A2-B, B, C-1, C-2, D, and E notes (see list below). The proceeds...

Photo Release: Krungsri Cardless: Who needs cards when you can withdraw cash with KMA for FREE?

Mr. Phonganant Thanattrai, Krungsri Head of Retail Banking and Distribution Group, launched a service called 'Krungsri Cardless' to make cash withdrawals from any Krungsri ATM easier, more convenient, and free of charge. To use this service, customers...

Fitch Rates KASIKORNBANK#s USD Senior Notes Final #BBB+#

Fitch Ratings-Bangkok-16 January 2018: Fitch Ratings has assigned KASIKORNBANK Public Company Limited's (KBank; BBB+/Stable/bbb+) USD400 million senior unsecured notes due in July 2023 a final rating of 'BBB+'. The notes were issued by KBank's Hong Kong...

Photo Release: SEC announces three-years strategic plan (2018 2020)

SEC Secretary-General Rapee Sucharitakul announced the SEC Strategic Plan 2018-2020 focusing more on equal market access for all and innovation-driven sustainable growth. More than 400 participants in the capital market attended the SEC Conference 2018...

Related Topics