FiinRatings terminates credit rating services for TN Development Joint Stock Company ("TN") due to the expiration of the rating agreement
Hanoi, September 10, 2026 — FiinRatings officially announces the termination of its credit rating services for TN Development Joint Stock Company ("TN") and TN's debt instruments, effective from September 10, 2026. The termination of the credit rating services is carried out in accordance with the terms stipulated in the credit rating service contract.
The disclosure of this information is carried out in accordance with the provisions of Decree No. 88/2014/ND-CP on credit rating services.
As a result, FiinRatings will cease to be responsible for providing information and independent assessments to the market and interested investors concerning the credit ratings of TN and its debt instruments. All previous credit rating results, opinions, and analyses provided by FiinRatings in its published announcements and credit rating reports regarding TN and its debt instruments shall only remain valid up to the date of this announcement.
The following credit rating results for TN and its debt instruments had been previously published by FiinRatings:
|
Publication Date |
Rating Type |
Rating Status |
Issuer |
Rating Grade |
Outlook |
Detailed Report |
|
03/04/2026 |
Issue Rating |
Surveillance |
TN Development Joint Stock Company |
BB- |
— |
|
|
03/04/2026 |
Issuer Rating |
Surveillance |
TN Development Joint Stock Company |
B |
Stable |
|
|
31/10/2025 |
Issue Rating |
Initial Rating |
TN Development Joint Stock Company |
BB- |
— |
|
|
03/10/2025 |
Issuer Rating |
Initial Rating |
TN Development Joint Stock Company |
B |
Stable |
