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Fitch Ratings has assigned Minor International Public Company Limited s (MINT) US dollar guaranteed senior perpetual capital securities a final rating of BBB . The final rating reflects the credit enhancement provided to investors by the unconditional and irrevocable guarantee from Thailand-based Bangkok Bank Public Company Limited (BBL, BBB/Stable) acting through its Singapore branch. The final rating is in line with the expected rating assigned on 8 July 2021 and follows the receipt of final documents conforming to information already received with the final maximum guaranteed amount, which is 115% of principal, deemed sufficient to cover the principal, and potential accrued and deferred interest, and interest on the deferred interest of the notes that can be accumulated during the first five-year period until the effective maturity date in 2026.

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