THAI Plans to Issue 7 Series of 1-15 Y. Debentures for Institutions and Major Investors
THAI is planning to issue seven series of 1-15 year(s) debentures, offering institutions, and major investors. Tris Rating gives credit rating for THAI at A rate.
Mr. Sumeth Damrongchaitam, President of Thai Airways International Public Company Limited (THAI), revealed that the company is planning to issue a total of seven series of name-registered certificate of unsubordinated and unsecured, and debenture-holder debentures (1, 2, 3, 5, 7, 10, 15 years), offering to institutions and major investors in late April. Bangkok Bank and Krungthai Bank will be the underwriter for these debentures.
Tris Rating gives credit rating for THAI at A rate while the interest rate of these debentures will be announced this month.