Current Rating
Rating FAQ
Long-term  :   twA+
Short-term  :   twA-1
Outlook  :  Positive
Issuer Rating History
Rating Date Long-term Rating outlook (credit watch) Short-term Rating
2024/02/27 twA+ Positive twA-1
2015/02/16 twA+ Stable twA-1
2014/02/12 twA Positive twA-1
2013/04/10 twA Stable twA-1
Research Analysis
Publish Date Subject
2025/02/25 Media Release: TECO Ratings Affirmed At 'twA+/twA-1'; Liquidity Revised To Strong From Exceptional; Outlook Remains Positive
2024/02/27 Media Release: Outlook On TECO Revised To Positive From Stable On Improved Profitability; twA+/twA-1 Ratings Affirmed
2023/02/24 Research Update: TECO Electric & Machinery Co. Ltd. Ratings Affirmed At 'twA+/twA-1'; Outlook Stable
2022/02/24 Research Update: TECO Electric & Machinery Co. Ltd. Ratings Affirmed At 'twA+/twA-1'; Outlook Stable
2021/02/26 Research Update: TECO Electric & Machinery Co. Ltd. Ratings Affirmed At 'twA+/twA-1'; Outlook Stable
Last 5 Years Issue Rating History
Series Amount
(Million)		 Issue Date Maturity Date
 Coupon Rate
(%)		 Rating Rating Date
None
*Taiwan Ratings maintains continuous surveillance over its ratings and the “Rating date” below refers to the last date on which the ratings/outlook have been changed or the ratings on/off CreditWatch.
*Unless there is a material change in our rating views on a given entity, Taiwan Ratings does not update the “Rating date,” which is accordance with the general international practice for rating disclosures.