Thursday, April 21, 2016

Fitch Upgrades AEONTS' National Long-Term Rating to 'A-(tha)'

(The following statement was released by the rating agency)

BANGKOK, April 22 (Fitch) Fitch Ratings (Thailand) has today

upgraded Aeon Thana

Sinsap (Thailand) Public Company Limited's (AEONTS) National

Long-Term Rating to

'A-(tha)' from 'BBB+(tha)'. The Outlook is Stable. The National

Short-Term

Rating has been affirmed at 'F2(tha)'.

The National Long-Term Rating has been upgraded because AEONTS

has successfully

shown it can sustain financial metrics generally superior to

those in 2011-2012

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