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ASEAN Regional Scale Ratings Assigned To Seven Sovereigns Aug 09

Standard & Poors, Aug 2009


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Abstract
SINGAPORE (Standard & Poor's) Aug. 17, 2009--Standard & Poor's Ratings Services today assigned its ASEAN regional scale ratings on the seven sovereigns listed in the table below: Sovereign Existing global scale ASEAN Scale local currency rating Issuer Credit Ratings Long-term Short-term Singapore AAA/Stable/A-1+ axAAA axA-1+ Malaysia A+/Stable/A-1 axAAA axA-1+ Thailand A-/Negative/A-2 axAA- axA-1 Philippines BB+/Stable/B axBBB+ axA-2 Indonesia BB+/Stable/B axBBB+ axA-2 Vietnam BB+/Negative/B axBBB axA-2 Cambodia B+/Stable/B axBB axB The definitions of ASEAN regional scale issuer credit ratings are available in the 'Criteria' section of Standard & Poor's public website www.standardandpoors.com. RELATED RESEARCH 'Credit FAQ: ASEAN Regional Credit Rating Scale Explained,' published May 02, 2009, on RatingsDirect....

Companies mentioned in this report are: Malaysia,Kingdom of Thailand,Republic of Singapore (Unsolicited Ratings),Republic of Indonesia,Republic of Philippines,Socialist Republic of Vietnam,Cambodia (Kingdom of) (Unsolicited Ratings)
Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.




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