Fitch Ratings assigned Gorilla Technology Group Inc. a first-time 'B-' Long-Term Issuer Default Rating. The rating carries a Positive Outlook.
Fitch highlighted the company's position in the South and South-East Asian AI infrastructure markets. The agency noted potential for deleveraging as new data center projects become operational.
The credit assessment aims to provide institutional investors and lenders with greater confidence. This rating facilitates access to diverse and efficient financing for global AI infrastructure programs.
Chairman and CEO Jay Chandan stated the rating supports the company's next growth phase.