บทวิเคราะห์ (Research)

RATIONALE TRIS Rating assigns the rating of “BBB” to a proposed issue of up to THB2 billion senior unsecured debentures due within three years of S Hotel and Resorts PLC (SHR). The company intends to use the proceeds from the debenture issuance for debt repayment. At the same time, we affirm the company rating on SHR at “BBB+” with a “negative” rating outlook and affirm the rating on its outstanding senior unsecured debentures at “BBB”.