TRIS RATING ASSIGNS “BBB+/NEGATIVE” RATING TO SENIOR UNSECURED DEBT WORTH UP TO BT17,500 MILLION OF “EDL-GEN”

TRIS RATING ASSIGNS “BBB+/NEGATIVE” RATING TO SENIOR UNSECURED DEBT WORTH UP TO BT17,500 MILLION OF “EDL-GEN”

TRIS Rating affirms the company rating of EDL-Generation Public Company (EDL-Gen) and the ratings of EDL-Gen’s existing senior unsecured debentures at “BBB+”. At the same time, TRIS Rating assigns the rating of “BBB+” to EDL-Gen’s proposed issue of up to Bt17,500 million in senior unsecured debentures. The proceeds from the new debentures will be used to refinance existing loans and for business expansion.