Krung Thai Bank Public Co. Ltd.'s Senior Unsecured Notes Rated 'BBB' - S&P Global Ratings’ Credit Research

Krung Thai Bank Public Co. Ltd.'s Senior Unsecured Notes Rated 'BBB'

Krung Thai Bank Public Co. Ltd.'s Senior Unsecured Notes Rated 'BBB' - S&P Global Ratings’ Credit Research
Krung Thai Bank Public Co. Ltd.'s Senior Unsecured Notes Rated 'BBB'
Published Mar 03, 2013
917 words — Published Mar 03, 2013
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About This Report

  
Abstract:

SINGAPORE (Standard&Poor's) March 4, 2013--Standard&Poor's Ratings Services today assigned its 'BBB' long-term issue rating to the proposed benchmark U.S.-dollar-denominated senior unsecured notes by Krung Thai Bank Public Co. Ltd. (KTB; BBB/Stable/A-2; axA/axA-2). The bank will issue the notes under its US$2.5 billion euro medium-term notes program. The senior notes will constitute direct, unconditional, unsecured, and unsubordinated obligations of KTB. They shall at all times rank equally with all the bank's other unsecured obligations. The rating on the notes is therefore equalized with the long-term counterparty credit rating on the Thailand-based bank. RELATED CRITERIA AND RESEARCH Banks: Rating Methodology And Assumptions, Nov. 9, 2011 Bank Hybrid Capital Methodology And Assumptions, Nov. 9, 2011 Criteria Update: Commodity- And

  
Brief Excerpt:

RESEARCH Krung Thai Bank Public Co. Ltd.'s Senior Unsecured Notes Rated '###' Publication date: 03-Mar-2013 Primary Credit Analyst: Ivan Tan, Singapore (65) 6239-6335; ivan_tan@standardandpoors.com Secondary Contact: Deepali V Seth,...

  
Report Type:

Ratings Action

Ticker
KTB@TB
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers
Country
Region
Emerging Markets
Format:
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Krung Thai Bank Public Co. Ltd. – 2014/02/14 – US$ 500.00

Summary: Krung Thai Bank Public Co. Ltd. – 2014/02/14 – US$ 225.00

Krung Thai Bank Public Co. Ltd. – 2015/01/15 – US$ 500.00

Summary: Krung Thai Bank Public Co. Ltd. – 2015/01/15 – US$ 225.00

Krung Thai Bank Public Co. Ltd. – 2016/01/14 – US$ 500.00

Krung Thai Bank Public Co. Ltd. – 2013/02/25 – US$ 500.00

Summary: Krung Thai Bank Public Co. Ltd. – 2013/02/25 – US$ 225.00

Krung Thai Bank Public Co. Ltd. – 2012/02/08 – US$ 500.00

Summary: Krung Thai Bank Public Co. Ltd. – 2012/02/08 – US$ 225.00

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MLA:
S&P Global Ratings’ Credit Research. "Krung Thai Bank Public Co. Ltd.'s Senior Unsecured Notes Rated 'BBB'" Mar 03, 2013. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Krung-Thai-Bank-Public-Co-Ltd-s-Senior-Unsecured-Notes-Rated-BBB-1088687>
  
APA:
S&P Global Ratings’ Credit Research. (). Krung Thai Bank Public Co. Ltd.'s Senior Unsecured Notes Rated 'BBB' Mar 03, 2013. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Krung-Thai-Bank-Public-Co-Ltd-s-Senior-Unsecured-Notes-Rated-BBB-1088687>
  
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