Microsoft Word - SubDebt_E_Oct 14.doc

Ref. No TS 019/2014
Date October 3, 2014
To President
The Stock Exchange of Thailand

Subject: Notification of Issuance and Offering of Subordinated Debentures

KASIKORNBANK Public Company Limited ("the Bank") would like to inform you regarding the issuance and offering of Subordinated Instruments intended to qualify as Tier 2 Capital of KASIKORNBANK Public Company Limited No.1/2557 due B.E. 2568 which will be required to be written down (fully or partially) when government authority decides to grant financial assistance to the Issuer with Right of Early Redemption ("the Debentures"), the details are as follows:
Issuer: KASIKORNBANK Public Company Limited
Type of debentures: Subordinated and unsecured instruments without a representative of the holders in the name registered certificate, intended to qualify as Tier 2 capital pursuant to requirements of the Bank of Thailand and capable of loss absorption at the point of non-viability on a gone-concern basis, where the instruments can be written down (fully or partially) when an empowered government agency decides to grant financial assistance to the Issuer
Tenor: 10 years 6 months
Interest rate: Fixed interest rate of 5.00% per annum, payable quarterly
Issue date: October 3, 2014
Total offering amount: An aggregate offering amount of 14,000,000 units divided into an initial offering amount of 10,000,000 units and an additional offering amount for over-allotment option of 4,000,000 units
Total offering value: An aggregate offering value of Baht 14 billion divided into an initial offering value of Baht 10 billion and an additional offering value for over-allotment option of Baht 4 billion
Par value per unit: Baht 1,000
Offering price per unit : Baht 1,000
Credit rating: Issue rating of "AA- (tha)" by Fitch Ratings (Thailand) Limited
Offer for sale to: Institutional investors and high net worth investors
Objectives of issuance: For general corporate and capital management purposes
Please be informed accordingly.
Yours Sincerely, KASIKORNBANK PCL.
(Kattiya Indaravijaya) Senior Executive Vice President

Central Treasury Department

Tel: 0 2470 3049

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