(Translation)
No. 80000001/714
2 July 2020
Subject Notification of the issuance of PTT Public Company Limited's DebenturesToPresident
The Stock Exchange of ThailandReference is made to PTT Public Company Limited (PTT)'s Board of Directors' Meetings held on 22 December 2017, and PTT' s Annual General Meeting of Shareholders held on 12 April 2018 which has resolved the approval of PTT's fund raising plan for a 5-year period (2018 - 2022) in the total amount of or equivalent to Baht 200,000 million ( loan Baht 50,000 million and debentures Baht 150,000 million) to be used for capital expenditure and/or working capital and/or refinancing. The remaining balance of the proceeds for the year 2020-2022 is approximate Baht 175,930 million.
PTT is pleased to inform that, on 2 July 2020, PTT has completed fund raising from the issuance of unsubordinated and unsecured debentures No. 1/2020 in the total amount of Baht 20,000 million to the institutional investors and/or high net worth investors (excluding individuals). The debentures are under Baht 64,000 million Medium -Term Note Program (MTN Program) which was approved by the Securities and Exchange Commission of Thailand. The details of the debentures are as follows:
Tranche 1 | Tranche 2 | Tranche 3 | Tranche 4 | Tranche 5 | |
Tenor | 2 years | 5 years | 10 years | 15 years | 25 years |
Amount (millions Baht) | 2,000 | 3,000 | 2,000 | 6,000 | 7,000 |
Interest Rate (% per annum) | 1.21 | 2.05 | 2.84 | 3.20 | 3.74 |
Issuance Date | 2 July 2020 | ||||
Maturity Date | 2 July 2022 | 2 July 2025 | 2 July 2030 | 2 July 2035 | 2 July 2045 |
Interest Payment Date | On the 2nd January and the 2nd July every year throughout the term of debentures |
/ The debentures…
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ThedebentureshavebeenratedAAA(tha)byFitchRating(Thailand)Limited. Bankof Ayutthaya Public Company Limited, Krung Thai Bank Public Company Limited, Kasikornbank Public Company Limited, and Siam Commercial Bank Public Company Limited were appointed as the arrangers and Bank of Ayutthaya Public Company Limited was appointed as a bond representative and a registrar of debentures.
Please be informed accordingly.
Yours sincerely,
(Mr. Auttapol Rerkpiboon)
President & Chief Executive Officer
Investor Relations Department
Tel +66 2537 3518
Fax +66 2537 3948
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PTT pcl published this content on 02 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 July 2020 10:37:02 UTC