PTTEP Issues ฿15bn 3Y Debenture to Inst.-Major Investors for Working Capital/Refinancing

PTT Exploration and Production Public Company Limited (PTTEP) has announced that PTTEP Treasury Center Company Limited (PTTEP Treasury Center), a wholly-owned subsidiary of PTTEP and a treasury center within the PTTEP group, has completed the issuance of senior guaranteed debentures to domestic Institutional and high net worth investors for the total amount of THB15,000 million carrying a coupon of 2.26% per annum with the tenor of 3 Years, and fully guaranteed by PTTEP.

Moreover, the debentures have been rated AAA (Stable) by TRIS Rating. The proceeds from the debentures issuance will be used for working capital and refinancing senior debt.