KASIKORNBANK PCL's U.S. Dollar Senior Unsecured Notes Assigned 'BBB+' Ratings

SINGAPORE (S&P Global Ratings) Sept. 29, 2016--S&P Global Ratings today assigned its 'BBB+' long-term issue rating to a proposed issue of U.S.-dollar-denominated senior unsecured notes by KASIKORNBANK PCL (KBank: BBB+/Stable/A-2; axA+/axA-1). KBank is issuing the notes through its Hong Kong branch and under the bank's US$2.5 billion Euro medium-term notes program. The ratings on these notes reflect the long-term counterparty credit rating on KBank. The notes will constitute direct, unconditional, unsecured, and unsubordinated obligations of KBank. They will rank equally with all other unsecured obligations of the bank, except for statutorily preferred obligations. RELATED CRITERIA AND RESEARCH Related Criteria General Criteria: National And Regional Scale Credit Ratings - September 22, 2014 General Criteria: Group Rating Methodology - November 19, 2013

...SINGAPORE (S&P Global Ratings) Sept. 29, 2016--S&P Global Ratings today assigned its '###+' long-term issue rating to a proposed issue of U.S.-dollar-denominated senior unsecured notes by KASIKORNBANK PCL (KBank: ###+/Stable/A-2; axA+/axA-1). KBank is issuing the notes through its Hong Kong branch and under the bank's US$2.5 billion Euro medium-term notes program. The ratings on these notes reflect the long-term counterparty credit rating on KBank. The notes will constitute direct, unconditional, unsecured, and unsubordinated obligations of KBank. They will rank equally with all other unsecured obligations of the bank, except for statutorily preferred obligations. RELATED CRITERIA AND RESEARCH Related Criteria + General Criteria: National And Regional Scale Credit Ratings - September 22, 2014 + General Criteria: Group Rating Methodology - November 19, 2013 + Criteria - Financial Institutions - Banks: Bank Hybrid Capital And Nondeferrable Subordinated Debt Methodology And Assumptions - January...

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