PTT to Offer 2 Series of Bonds with 2.85% Coupon Rate to General Public on 20-23 July
PTT will offer two series of bonds: 3Y green bond and 7Y bond from 20 - 23 July 2020 with AAA(tha) rating and the coupon rates of 2.25% and 2.85% p.a.
PTT Public Company Limited (PTT) has announced that the company will offer two series of bonds to the general public, consisting of 3-year green bond with a coupon rate of 2.25% p.a. and 7-year bond with a coupon rate of 2.85% p.a., payable semi-annually. The 7-year bonds will be offered to the holders of PTT bonds due during 2016-2019 on 20 July and both series of bonds will be offered to the general public during 21-23 July.
Krungthai Bank, Bank of Ayudhya, KASIKORNBANK, and The Siam Commercial Bank are joint lead managers. The bonds have been assigned AAA(tha) rating by Fitch Ratings (Thailand) Limited, the highest quality for debt securities issued in Thailand. PTT stated that it is confident that the bonds will receive good feedback from investors who are looking for the high quality of investment securities.