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AP (Thailand) Public Co., Ltd. or AP issues 3,000 million baht debentures, 2 tranches, fixed interest rates of 2.97-3.28%, selling to institutions Feb 21-23.
AP (Thailand) Public Company Limited or AP leavedebenture 2 sets of not more than 3,000,000 units, total offering value not exceeding 3,000 million baht, par value of 1,000 baht per unit, offering price of 1,000 baht per unit, consisting of
- Tranche 1 due in 2026 in the amount of not more than 1,500,000 units with a total value of not more than 1,500 million baht, 3-year debentures with a fixed interest rate of 2.97% per annum, payable every 6 months.
- Tranche 2, due in 2026, in the amount of not more than 1,500,000 units, with a total value of not more than 1,500 million baht, 3-year and 10-month debentures with a fixed interest rate of 3.28% per annum, payable every 6 months.
The company will offer to institutional investors only. Through bond underwriters, namely Kasikorn Bank and United Overseas Bank (UOB), offering period February 21-23, 2023
Credit rating of debentures “A-” with “Positive” credit outlook by TRIS Rating Co., Ltd. on February 10, 2023.
