EA Issues ฿3bn Debentures, Dividing in 2 Tranches with a Maturity Date of 3/10 Years!

Energy Absolute Public Company Limited (EA) has made an announcement that in reference to the Annual General Meeting of Shareholders held on April 25, 2019 had approved the offering and issuance of Debentures for not exceeding of THB 15,000 million, on July 11, 2019, the company has issued debentures in the amount of THB 3,000 million which is divided into 2 tranches.

Tranche 1 is for THB 1,000 million at a par value of THB 1,000 with a fixed interest rate of 2.61% p.a. and maturity date of 3 years on July 11, 2022. Tranche 2 is for THB 2,000 million at a par value of THB 1,000 with a fixed interest rate of 3.61% p.a. and maturity date of 10 years on July 11, 2029. The first payment of interest will be on January 11, 2020