Knocked! Debentures rated A+ “True Corporation” 5 new tranches 3.15 – 4.60% expected to sell 26 – 30 Jan. ’24

2024-01-10 17:50:00

Ms. Yupa Leewongcharoen, Chief Financial Officer (Joint) of True Corporation Public Company Limited, said: The purpose of this bond issuance Part of the proceeds from this bond issuance will be used to repay the bond debt and/or to use as working capital to support the company’s growth. The company plans to repay the bonds of True Move H Uni. Versailles Communication Co., Ltd. or TUC, a subsidiary of the Company that will be due for redemption on January 15 and 24, 2024 first to allow investors who are interested in continued investment to be able to return the money received Come subscribe for a new set of TRUE bonds that are expected to open for subscription on the first day on January 26, 2024. The new set of TRUE bonds has a term between 1 year, 3 months and 10 years to support the needs of all groups of investors. Investors who like to invest in the short term can choose to invest in models from 1 year 3 months to 3 years and 3 months. Investors who like to invest in the medium term can choose to invest in models of 5 years and 3 months, or investors who like to invest for the long term and want interest. To use for daily expenses, you may choose to invest in the 10-year model because it gives a higher return.

“This is a good opportunity for TUC bondholders whose redemption is due in January. that has continued to invest Before the announcement of the policy interest rate cut in 2024 as expected. After major central banks such as the US Federal Reserve European Central Bank and the Bank of England Starting to signal an interest rate cut in 2024 after inflation began to show signs of slowing down. This makes investing in bonds, which provide fixed returns, an attractive alternative. During the period when the central banks of various countries There has not been an actual interest rate cut yet,” Ms. Yupa added.

The Company and TRUE bonds received a credit rating of “A+” with a credit rating outlook of “Stable” (“Stable”) from TRIS Rating Company Limited on September 27, 2023, which represents Better financial and business risk profile It also has a strong market position in the mobile phone and broadband internet markets. Strengthen the army with a nationwide network Comprehensive frequency set and brand name that consumers trust

Interest rates for all 5 new TRUE bonds are as follows:

First set of bonds, tenor 1 year 3 months, fixed interest rate 3.15% per year.
The second set of bonds has a term of 2 years and 6 months, a fixed interest rate of 3.70% per year.
The third set of bonds has a term of 3 years and 3 months, a fixed interest rate of 3.85% per year.
Debenture tranche 4, term 5 years 3 months, fixed interest rate 4.20% per year.
The fifth series of bonds has a term of 10 years, a fixed interest rate of 4.60% per year (the issuer has the right to redeem the bonds when the bonds reach the end of the 5th year).

The Company is in the process of submitting a registration statement for the offering of debt instruments. and the draft prospectus which is not yet effective. Since it is under consideration by the SEC Office, investors can study additional details from the debt instrument offering information form. and draft prospectus www.sec.or.th Or ask for details at the 6 bond underwriters:

• Bangkok Bank Public Company Limited, all branches (except micro branches) or call 1333 or reserve online through Bualuang mBanking.

• Kasikorn Bank Public Company Limited, all branches, call 02 888 8888, press 819 or reserve online at (except for foreign nationals and juristic persons who can subscribe through the head office and branches) and includes Kasikorn Securities Public Company Limited as the sales agency of Kasikorn Bank Public Company Limited.

• Siam Commercial Bank Public Company Limited, all branches or call 02 777 6784 or reserve online through the SCB EASY app and including Innovate-X Securities Company Limited as the sales agency of Siam Commercial Bank Company Limited ( public)

• CIMB Thai Bank Public Company Limited, all branches or call 02 626 7777 or reserve online through the CIMB Thai Digital Banking app.

• UOB Bank Public Company Limited, all branches or call 02 285 1555

• Asia Plus Securities Company Limited Tel. 02 680 4004

For those interested in subscribing to bonds through the TrueMoney Wallet application, you can learn more about the details, steps, and methods of applying for the TrueMoney Wallet Application and how to make a reservation. at the website www.truemoney.com Or contact to ask for advice from officials of True Money Company Limited, call 1240, press 6.

1704924074
#Knocked #Debentures #rated #True #Corporation #tranches #expected #sell #Jan

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.