Fitch affirms Siam Cement ratings, outlook Stable

Fitch affirms Siam Cement ratings, outlook Stable
Published: 30 January 2014

Tagged Under: Thailand Siam Cement Group Fitch 

Fitch has affirmed Siam Cement Co's (SCC) National Long-Term Rating at 'A(tha)', National Short-Term Rating at 'F1(tha)' and its senior unsecured debentures at 'A(tha)'. The outlook is ‘Stable.

Fitch expects SCC's capex to increase in 2014-2015 as it expands its businesses, particularly in Southeast Asia. A majority of investments will be in the cement and building materials businesses.





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