PTT Will Issue Baht 20 Billion in Bonds for Existing and New Holders
OREANDA-NEWS. To accommodate investors' excellent, steady responses to PTT debenture issues, PTT is committed to issuing secure investment schemes. In November, it plans to issue new debentures with maturity of about seven years for existing holders and new retail investors alike, in the hope of penetrating new customer groups and growing a long-term retail customer base.
Mr. Surong Bulakul, PTT Plc Chief Financial Officer, said, “PTT is getting ready to issue new senior, unsecured, Baht-denominated debentures worth about Baht 20 billion with maturity of six years, 11 months, and 19 days, that is, redeemable on November 15, 2020. The issue date is November 27 this year. Subscription dates are as follows:
Tranche 1 (November 18-19) for holders of debentures redeemable in October and November this year
Tranche 2 (November 21) for holders of all current debentures
Tranche 3 (November 22) for public investors at large.
Subscription is available at the PTT Debenture Day, held at the 1st floor Eden Plaza at the CentralWorld shopping complex.
Tranche 4 (November 25-26) for public investors at large.
The integrated leader in the natural gas and oil businesses that establishes energy security and economic prosperity for Thailand, PTT Plc commands a management team highly skilled in the businesses, together with corporate governance. The Ministry of Finance is its major shareholder, and Fitch Ratings (Thailand) Co., Ltd., has given such debentures “AAA (tha)” ranking, illustrating PTT's robust business and financial status. In short, PTT's debentures represent a secure, long-term investment option, with suitable returns in line with current market circumstances.
Комментарии