TEXT-Fitch revs otlk on Mercedes-Benz(Thailand)'s bonds to neg

Newswire

(The following statement was released by the ratings agency) March 27 - Fitch Ratings (Thailand) Limited has today changed the rating Outlook on Mercedes-Benz (Thailand) Limited's (MBTh) THB2.5bn guaranteed debentures due 2009 to Negative from Stable. This follows a similar revision in Outlook on Germany's Daimler AG (Daimler), the guarantor and its parent. At the same time, the National Long-term rating on the debentures has been affirmed at 'AA(tha)'. The rating is based entirely on the ...

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