Fitch to give Daimler Thai bonds "AA+(tha)" rating

Newswire

BANGKOK, Aug 25 (Reuters) - Fitch Rating (Thailand) said on Monday it expects to give a long-term national rating of "AA+(tha)" to an issue of three billion baht ($72.32 million) bonds by the Thai unit of DaimlerChrysler . Fitch said in a statement the rating for a three-year issue with a stable outlook for DaimlerChrysler (Thailand) was based entirely on a full, irrevocable and unconditional guarantee by parent DaimlerChrysler, the world's fifth largest carmaker. DaimlerChrysler ...

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