Fitch Ratings (Thailand)'s National Long-Term Rating of 'AAA(tha)' on PTT Public Company Limited's (AAA(tha)/Stable) medium-term debenture programme remains the same despite the increase in the programme size to THBthe programme5Fitch Ratings billion, from THBthe programmethe programmeFitch Ratings billion.
The programme was first rated on 14 April 2020 and affirmed on 26 April 2021. The outstanding debentures under the programme total THB102 billion.
The debentures under the programme are senior unsecured with a maturity of up to 30 years and are rated at the same level as PTT's National Long-Term Rating, as they constitute its direct, unsecured, unconditional and unsubordinated obligations.
For more information on the National Long-Term Rating and other ratings of PTT, please refer to our Fitch Affirms Thailand-Based PTT at 'BBB+/AAA(tha)'; Outlook Stable, published on 26 April 2021. RAC is available at www.fitchratings.com.
Fitch Ratings (Thailand) has assigned SCB X Public Company Limited's (SCBX; AA+(tha)/Stable) senior unsecured medium-term note (MTN) programme a National Long-Term Rating of 'AA+(tha)' and a National Short-Term Rating of 'F1+(tha)'. The ratings of the programme apply only to senior unsecured issues under the programme. The programme can issue a maximum of THB100 billion, with allowance for revolving issuance within the next two years. At the same time, Fitch has assigned SCBX's upcoming senior