Financial Information
BTS Group and BTSC are rated “BBB+” from TRIS Rating (TRIS) with “stable” outlook. The rating reflects BTS Group’s strong business profile as characterised by steady service income generated from long-term contracts for operating and maintenance (O&M) services, sizable cash flow from its 33.33% investment in the BTS Rail Mass Transit Growth Infrastructure Fund (BTSGIF), and a well-established position in the advertising media business.
BTS Group Holdings Public Company Limited
Credit Rating: BBB+
Outlook: Stable
Debentures
| BTSG Debenture: THB 7,000mn Senior unsecured debenture |
BBB+ / Stable |
| BTSG Debenture: THB 9,500mn Senior unsecured debenture |
BBB+ / Stable |
| BTSG Green Bond: THB 13,000mn Unsubordinated and unsecured Green Bond |
BBB+ / Stable |
| BTSG Green Bond: THB 8,600mn Unsubordinated and unsecured Green Bond |
BBB+ / Stable |
| BTSG Debenture: THB 13,000mn Senior unsecured Green Bond |
BBB+ / Stable |
| BTSG Sustainability-Linked Bonds: THB 11,000mn Senior Unsecured SLB |
BBB+ / Stable |
| BTSG Sustainability-Linked Bonds: THB 20,000mn Senior Unsecured SLB |
BBB+ / Stable |
| BTSG Debenture: THB 1,000mn Senior Unsubordinated and Unsecured Debenture |
BBB+ / Stable |
| BTSG Debenture: THB 600mn Unsubordinated and Unsecured Debenture |
BBB+ / Stable |
| BTSG Debenture: THB 15,057mn Unsubordinated and Unsecured Debenture |
BBB+ / Stable |
Bangkok Mass Transit System Public Company Limited
Credit Rating: BBB+
Outlook: Stable
Debentures
| BTSC Debenture: THB 22,000mn Senior unsecured debenture |
BBB+ / Stable |
| BTSC Debenture: THB 10,200mn Senior unsecured debenture |
BBB+ / Stable |