TRIS Rating Downgrades Company Rating on "RP" to "BB" from "BB " with
TRIS Rating downgrades the company rating on Raja Ferry Port PLC (RP) to "BB" from "BB+" with a
Source: ryt9.com
Koh Pha Luay News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Koh Pha Luay. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Koh Pha Luay Today - Breaking & Trending Today
TRIS Rating Affirms Company Rating on "RP" at "BB " and Revises Outlook to
TRIS Rating affirms the company rating on Raja Ferry Port PLC (RP) at ?BB+?. At the same time, TRIS Rating revises the rating outlook to ?negative?, from ?stable?. The outlook revision reflects our expectation that RP?s operating performance and financial strength will deteriorate materially from the impact of the Coronavirus Disease 2019 (COVID-19) on tourism and economic activities in Koh Samui and Koh Phangan. In addition, we expect RP?s leverage to rise significantly as a result of its fleet maintenance and renewal plan. The rating continues to reflect RP?s established business position i...
Source: ryt9.com