Wednesday May 27, 2020 00:54

OUTLOOK Press Releases

Megabangna – leading the way into the “New Normal” with 80% returning customers Events—26 May 20

Megabangna is dedicated to the health and safety of the community by preparing new business practices after the Covid-19 outbreak. With a continually improving outlook, we are ready to step into an era of the "New Normal". Our priority to offer the

Keele Residential Funding SPUR Affirmed; Outlook Still Negative Stcoks—22 May 20

Bangkok--22 May--S&P Global Ratings
LONDON (S&P Global Ratings) May 21, 2020—S&P Global Ratings today took the rating actions listed above.

On July 13, 2007, U.K.-based special-purpose vehicle Keele Residential Funding PLC (KRF or ProjectCo), issued 137.45 million of 2.108% guaranteed index-linked secured bonds. Upon issuance, KRF redeemed its existing debt, leased all of the student accommodation located on the grounds of the University of Keele up to 2029 and entered into an agreement with the university to extend the lease from its expiry date to July 31, 2047 (the reversionary lease).

Under the lease, the university, as landlord, is responsible for performing refurbishment, repairs, renewals, and ongoing maintenance of the student accommodation. The university funds these obligations via payments received from KRF, the maintenance reserves it set aside on the financial close, and its own resources.

ProjectCo has appointed the university to let out its student accommodation, which generates a contractually defined rental income (base-case rental), and to collect the corresponding payments on its behalf. The university also pays a license fee entitling it to use the student accommodation to generate additional rental income, beyond the base-case rental, and to use the car parking facilities.

KRF services its debt from the rent co

Jefferies Finance 'BB-' Rating Affirmed And Removed From CreditWatch On Improved Funding And Stcoks—20 May 20

NEW YORK (S&P Global Ratings) May 19, 2020--, S&P Global Ratings said today it affirmed its 'BB-' issuer credit and senior secured debt ratings and its 'B+' senior unsecured debt ratings on Jefferies Finance LLC (JFIN). At the same time, we

Fitch Downgrades Siam Future to 'BBB-(tha)'; Outlook Negative Stcoks—19 May 20

Fitch Ratings (Thailand) has downgraded Siam Future Development Public Company Limited's (SF) National Long-Term Rating and senior unsecured debt rating to 'BBB-(tha)' from 'BBB(tha)'. The Outlook is Negative. Simultaneously, the agency has affirmed its

Fitch Affirms UOB Thai's Long-Term IDR at 'A-' and National Rating at 'AAA(tha)'; Outlook Stcoks—14 May 20

Fitch Ratings has affirmed United Overseas Bank (Thai) Public Company Limited's (UOBT) Long-Term Issuer Default Rating (IDR) at 'A-'. UOBT's National Long-Term Rating has been affirmed at 'AAA(tha)'. The Outlooks are Stable. The agency has also affirmed

Fitch Revises TMB's Outlook to Stable, Affirms Rating at 'BBB-' Stcoks—14 May 20

Fitch Ratings has revised the Outlook on TMB Bank Public Company Limited's (TMB) Long-Term Issuer Default Rating (IDR) and National Long-Term Rating to Stable from Positive and affirmed the ratings at 'BBB-' and at 'AA-(tha)', respectively. At the same

Fitch Affirms Thailand-Based PTTEP at "BBB+"; Outlook Stable Stcoks—14 May 20

Fitch Ratings has affirmed Thailand's PTT Exploration and Production Public Company Limited's (PTTEP) Issuer Default Rating (IDR) at 'BBB+'. The Outlook is Stable. PTTEP's ratings are equalised with those of its parent, PTT Public Company Limited (PTT;

Fitch Revises KCE's Outlook to Negative; Affirms at 'A-(tha)' Stcoks—11 May 20

Fitch Ratings (Thailand) Limited has revised KCE Electronics Public Company Limited's (KCE) Outlook to Negative from Stable and affirmed its National Long-Term Rating at 'A-(tha)'. The Negative Outlook reflects evolving risks from the COVID-19 pandemic

Fitch Revises Outlook on Muang Thai Life Assurance to Negative; Affirms IFS Rating at Stcoks—11 May 20

Bangkok--11 May--Fitch Ratings Fitch Ratings - Bangkok/Singapore - 08 May 2020: Fitch Ratings has revised the Outlook on Muang Thai Life Assurance Public Company Limited's (MTL) Insurer Financial Strength (IFS) Rating to Negative from Stable and

Thai NBFIs Face Greater Pressure from Coronavirus Shock Stcoks—07 May 20

Fitch Ratings has changed its outlook on the operating environment rating factor to negative for Thai non-bank financial institutions (NBFIs), due to the economic and business disruptions caused by the coronavirus pandemic. Fitch forecasts Thai GDP to

Fitch Affirms Polyplex Thailand at 'A-(tha)'; Stable Outlook Stcoks—30 Apr 20

Fitch Ratings (Thailand) has affirmed Polyplex (Thailand) Public Company Limited's (PTL) National Long-Term Rating at 'A-(tha)'. The Outlook is Stable. The rating reflects PTL's leading position in the domestic polyester film business and the defensive

Fitch Affirms Citicorp Leasing (Thailand) at AAA(tha); Outlook Stable Stcoks—30 Apr 20

Fitch has affirmed Citicorp Leasing (Thailand) Limited's (CLT) National Long-Term Rating at 'AAA(tha)' with a Stable Outlook, and its National Short-Term Rating at 'F1+(tha)'. KEY RATING DRIVERS CTL's ratings are driven by institutional support from

Fitch Affirms Thailand-Based PTT at 'BBB+'/'AAA(tha)'; Outlook Stable Stcoks—30 Apr 20

Fitch Ratings has affirmed Thailand-based PTT Public Company Limited's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BBB+' and its National Long-Term Rating at 'AAA(tha)'. The Outlook is Stable. The affirmation reflects PTT's

Fitch Affirms Thai Reinsurance's IFS Rating at 'A-'; Outlook Stable Stcoks—29 Apr 20

Fitch Ratings has affirmed Thai Reinsurance Public Company Limited's (THRE) Insurer Financial Strength (IFS) Rating at 'A-' (Strong). The Outlook is Stable. KEY RATING DRIVERS The rating actions noted above are based on Fitch's current assessment of

Fitch Revises Outlook on Finansa to Negative; Affirms Ratings Stcoks—27 Apr 20

Fitch Ratings (Thailand) has revised the Outlook on Finansa Public Company Limited's (FNS) to Negative from Stable, and affirmed National Long-Term Rating at 'BBB-(tha)' and National Short-Term Rating at 'F3(tha)'. The Outlook revision reflects

Fitch Revises Outlook on Yuanta Securities (Thailand) to Negative; Withdraws Debenture Stcoks—27 Apr 20

Fitch Ratings (Thailand) has revised the Outlook on Yuanta Securities (Thailand) Company Limited's (YSTH) National Long-Term Rating to Negative from Stable and has affirmed the rating at 'AA(tha)'. The Outlook revision is consistent with Fitch's rating

Outlooks On 14 Entities Of Four Major Japanese Banking Groups Revised Down To Stable After Same Stcoks—27 Apr 20

TOKYO (S&P Global Ratings) April 27, 2020--S&P Global Ratings today said it has revised to stable from positive its outlooks on its long-term issuer credit ratings on 14 entities under Mitsubishi UFJ Financial Group Inc. (MUFG), Sumitomo Mitsui

Fitch Downgrades Bangkok Aviation Fuel Services to 'A-(tha)'; Outlook Stcoks—22 Apr 20

Fitch Ratings (Thailand) has downgraded Bangkok Aviation Fuel Services Public Company Limited's (BAFS) National Long-Term Rating to 'A-(tha)', from 'A(tha)'. The Outlook is Negative. The downgrade and the Negative Outlook reflect Fitch's expectation

Fitch Downgrades Maybank Kim Eng Securities (Thailand) to 'AA(tha)'; Outlook Stcoks—20 Apr 20

Fitch Ratings has today downgraded Maybank Kim Eng Securities (Thailand) Public Company Limited's (MBKET) National Long-Term Rating to 'AA(tha)' from 'AA+(tha)'. The Outlook is Stable. The company's National Short-Term Rating was affirmed at

ฟิทช์ปรับลดอันดับเครดิตภายในประเทศระยะยาวของบริษัทหลักทรัพย์ เมย์แบงก์ กิมเอ็ง (ประเทศไทย) จำกัด หุ้น—20 Apr 20

ฟิทช์ เรทติ้งส์ ประกาศปรับลดอันดับเครดิตภายในประเทศระยะยาวของ บริษัทหลักทรัพย์ เมย์แบงก์ กิมเอ็ง (ประเทศไทย) จำกัด MBKET เป็น 'AA(tha) จาก 'AA+(tha) แนวโน้มอันดับเครดิตเป็นมีเสถียรภาพ (Stable Outlook)

Fitch Affirms CIMB Thai Bank at 'AA-(tha)'; Revises Outlook to Negative Stcoks—20 Apr 20

Fitch Ratings has today affirmed the National Long-Term Rating on CIMB Thai Bank Public Company Limited (CIMBT) at 'AA-(tha)'. The Outlook has been revised to Negative from Stable. CIMBT's National Short-Term Ratings and rating on its short-term senior

Fitch Downgrades Thailand's IRPC to 'A-(tha)'; Outlook Stable Stcoks—02 Apr 20

This is a correction of a release published 2 April 2020. It corrects the leverage metric used in the "Delay in Project" Key Rating Driver and Rating Sensitivities. Fitch Ratings (Thailand) has downgraded IRPC Public Company Limited's National Long-Term

W.Media (Singapore), in collaboration with OPEN-TEC in launching Power Talk Series to bring tech IT—20 Apr 20

W.Media (Singapore), in collaboration with OPEN-TEC in launching Power Talk Online Series. The 1st in the series will be “INSIDE ASIA- Technology & Market Next Moves”, which will cover the Current and Future after COVID-19 Outlook of the

Fitch Downgrades Bank of Ayudhya to 'BBB+'; Outlook Stable Stcoks—09 Apr 20

Fitch Ratings has downgraded Thailand-based Bank of Ayudhya Public Company Limited's (BAY) Long-Term Issuer Default Rating (IDR) to 'BBB+' from 'A-' with a Stable Outlook, following similar rating action for its parent, MUFG Bank, Ltd. (A-/Stable/a-),

บล. กรุงไทย ซีมิโก้ คาดไตรมาส 2 ดัชนีตลาดหุ้นไทยมีแนวโน้มลดลง แนะลงทุนหุ้นปลอดภัย กลุ่มผู้ผลิตไฟฟ้า หุ้น—30 Mar 20

นักวิเคราะห์ บล. กรุงไทย ซีมิโก้ ให้ประเด็นการลงทุน ผ่านสัมมนาออนไลน์ “Investment Outlook 2Q20 : พลิกวิกฤตให้เป็นโอกาส” โดยดัชนีตลาดหุ้นไทยปีนี้มีแนวโน้มลดลง อยู่ในกรอบ 747 – 1017 จุด จากผลกระทบการแพร่ระบาดเชื้อไวรัส COVID-19

Fitch Revises Outlook on Thailand's EXIM and KTB to Stable; Affirms Stcoks—23 Mar 20

Bangkok--23 Mar--Fitch Ratings Fitch Ratings has revised the Outlook on the Long-Term Foreign-Currency Issuer Default Ratings (IDR) of Export-Import Bank of Thailand (EXIM) and Krung Thai Bank Public Company Limited (KTB) to Stable from Positive. At the

ฟิทช์ปรับแนวโน้มอันดับเครดิตสากลระยะยาวของ EXIM และ KTB เป็น 'แนวโน้มมีเสถียรภาพ’ หุ้น—23 Mar 20

แนวโน้มอันดับเครดิตเป็นบวก (Positive Outlook) พร้อมกันนี้ฟิทช์ประกาศคงอันดับเครดิตสากลสกุลเงินต่างประเทศระยะยาว อันดับเครดิตสนับสนุน (Support Rating) และ อันดับเครดิตสนับสนุนขั้นต่ำ (Support Rating Floor) ของ EXIM และ KTB

Fitch Affirms Siam City Cement at 'A(tha)'; Maintains Negative Outlook Stcoks—23 Mar 20

Revenue to fall by 4%-5% in 2020, comprising of -5% for the Thai operation (-20% over three-months and par for the remaining nine months) and 2%-5% for its regional operationsRevenue to fully recover with 7%-8% growth in 2021 and 4%-5% in 2022 following

Fitch Affirms Thai Life's IFS at 'A-'; Outlook Stable Stcoks—20 Mar 20

A persistent drop in capitalisation, measured by a decline in the RBC ratio, to below 280% and deterioration in the Prism FBM score to below 'Strong' for an extended period; orA prolonged weakening in profitability, indicated by a pretax ROA that is

Fitch Affirms Siam Makro at 'A(tha)'; Outlook Stable Stcoks—20 Mar 20

Revenue growth of 4%-5% in 2020 and increasing to 9%-10% a year in 2021-2022EBITDAR margin to remain at about 5.6% in 2020 and gradually improve in 2021-2022Total capex of THB7.5 billion-8 billion a year in 2020-2021 and THB5 billion-6 billion in 2022,