Fitch Releases 2014 Thailand National Ratings Transition Study

BANGKOK & NEW YORK & SINGAPORE--(BUSINESS WIRE)-- Fitch Ratings today published its 'Fitch Thailand National Ratings 2014 Transition Study'. The report provides data and analysis on the performance of Fitch Thailand's public long-term corporate and structured finance national ratings, both in 2014 and over the long term.

Fitch Thailand recorded no national ratings defaults for either corporate finance rated entities or structured finance securities through 2014. The absence of national ratings defaults in Thailand is due in part to the limited issuance of lower rated bonds and the limited size of Thailand's bond market.

The National Rating scale https://www.fitchratings.com/site/fitch-home/definitions/nationalratings ranks the degree of perceived risk relative to the lowest default risk in that same country. National Ratings exclude the effects of sovereign and transfer risk and exclude the possibility that investors outside the country may be unable to repatriate any due interest and principal repayments. It is not related to the rating scale of any other national market. National scale ratings are not directly comparable with the international ratings or with national ratings in other countries. Consequently, national ratings are identified by the addition of a special identifier for the country concerned, such as 'AAA(tha)' for National Ratings in Thailand.

The special report is available on Fitch's website 'www.fitchratings.com' under Rating Transition & Default Studies.

This report should be read in conjunction with Fitch's National Scale Ratings Criteria.

Additional information is available at 'www.fitchratings.com'.

Fitch Thailand National Ratings 2014 Transition Study

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=866388

Applicable Criteria

National Scale Ratings Criteria (pub. 30 Oct 2013)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=720082

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150730006271/en/

Fitch Ratings
Jackerin Jeeradit
Associate Director
+662 108-0163
Fitch Ratings (Thailand) Limited
Level 17, Park Ventures, 57 Wireless Road, Lumpini, Patumwan,
Bangkok 10330, Thailand
or
Charlotte Needham
Senior Director
+1-212-908-0794
or
Media Relations:
Sandro Scenga, New York, +1 212-908-0278
Email: [email protected]

Source: Fitch Ratings

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• In HelloNation, Attorney Chaile Allen Explains What to Do After an Uninsured Driver Accident
• Pan Ocean Capital and TMGM Announce Strategic Partnership for the MARIA91 Investment Platform
• DemandCapture Books Nearly 1,000 Meetings a Month with ZoomInfo