Fitch Downgrades JWD InfoLogistics to 'BB+(tha)'; Outlook Stable

Fitch Ratings (Thailand) has downgraded Thailand-based integrated inland logistics operator JWD InfoLogistics Public Company Limited’s National Long-Term Rating to ‘BB+(tha)’ from ‘BBB-(tha)’ and National Short-Term Rating to ‘B(tha)’ from ‘F3(tha)’. At the same time, Fitch has affirmed the bond programme guaranteed by Credit Guarantee and Investment Facility (CGIF) at ‘AAA(tha)’. The Outlook on the National […]

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