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TEXT-S&P assigns 'BBB+' rating to Bangkok Bank's sr unsecd notes
September 17, 2012 / 8:58 AM / 5 years ago

TEXT-S&P assigns 'BBB+' rating to Bangkok Bank's sr unsecd notes

(The following statement was released by the rating agency)

Sept 17 - Standard & Poor’s Ratings Services today assigned its ‘BBB+’ long-term issue

rating to the proposed issue of U.S. dollar-denominated senior unsecured notes by Bangkok

Bank Public Co. Ltd. (BBB+/Stable/A-2; axA+/axA-1). The notes will at all times

rank pari passu with all other unsecured obligations of the bank, except for statutorily

preferred obligations.

RELATED CRITERIA AND RESEARCH

-- Banks: Rating Methodology And Assumptions, Nov. 9, 2011

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