Thai Engineering Construction News Today

TRIS Rating assigns a company rating of "A " to Sino Thai Engineering & Construction PLC (STEC) with a

TRIS Rating upgrades the company rating on Gulf Energy Development PLC (GULF) to "A+" from "A" and

TRIS Rating affirms the company rating on Gulf Energy Development PLC (GULF) at ?A?. At the same time, we affirm the ratings on GULF?s senior unsecured debentures at ?A-?. The rating outlook remains ?stable?. The issue ratings? one notch below the company rating reflects the structural subordination of the claims under the debentures, due to GULF?s status as a holding company, compared with the debt obligations of the company?s operating subsidiaries. The ratings reflect the company?s position ...