Berli Jucker was rated A+ by TRIS
TRIS Rating Co Ltd has affirmed the company rating of Berli Jucker Plc (BJC) at A+. At the same time, TRIS Rating has assigned the rating of A+ to BJC's proposed up to Bt1,500 million senior debentures.
The rating outlook is "stable". The ratings reflect the company's solid market positions in key operating segments with a portfolio of strong brand names, cost competitiveness due to economies of scale in glass container and tissue paper manufacturing, and an experienced and capable management team. The ratings also take into consideration the company's diversified business portfolio and strong relationships with suppliers and clients. - The Nation