The senior unsecured debentures’ ‘AA+(tha)’ National Long-Term Rating remains unchanged as a result of the upsizing, which has no impact on Fitch Ratings (Thailand)’s assessment of AIS’s credit quality.
According to Fitch Ratings-Bangkok, Thailand-based Advanced Info Service Public Company Limited (AIS; AA+(tha)/Stable) has increased the size of its proposed debentures from THB10 billion as of 20 March 2023 to THB20 billion.Since the senior unsecured debentures are AIS’s direct, unsecured, unconditional, and unsubordinated liabilities, the upsizing has no impact on Fitch Ratings (Thailand)’s assessment of the credit quality of the company. As a result, they are rated at the same ‘AA+(tha)’ National Long-Term Rating.
