TRIS Rating affirms EGAT at “AAA,” reflecting its security and performance
15 July 2024
Mrs. Patcharin Rapeepornpong, Deputy Governor – Finance and Accounting (CFO) of the Electricity Generating Authority of Thailand (EGAT), revealed the announcement of TRIS Rating Co., Ltd. on the reviewed EGAT’s credit rating of 2024 at the highest rating of “AAA,” with “Stable” outlook. The credit rating reflects EGAT’s position as a vital state enterprise supplying electrical energy for the country as well as its recovered financial status and liquidity.
The “corporate credit rating” is a risk indicator for investment decision-making in EGAT bonds. It also reflects the counterparty credit risk, debt repayment ability, and financial security of the organization; despite the constantly changing situations of the energy sector.