Thailand’s AIS Upsizes Debentures to THB20 Billion

Fitch Ratings-Bangkok : Thailand-based Advanced Info Service Public Company Limited (AIS; AA+(tha)/Stable) has upsized its proposed debentures to THB20 billion, from THB10 billion as rated on 20 March 2023.

The upsizing does not affect Fitch Ratings (Thailand)’s view of AIS’s credit quality, and therefore the senior unsecured debentures are rated at the same ‘AA+(tha)’ National Long-Term Rating – as they constitute AIS’s direct, unsecured, unconditional and unsubordinated obligations.

For more information on the National Long-Term Rating and other ratings of AIS, please see Fitch Rates AIS’s Proposed Debentures ‘AA+(tha)’.