PTT Public : Notification of the issuance of unsubordinated and unsecured debentures
July 24, 2020 at 07:15 am EDT
Share
(Translation)
No. 80000001/775
24 July 2020
Subject
Notification of the issuance of unsubordinated and unsecured debentures
To
President
The Stock Exchange of Thailand
Reference 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 approved the resolution 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 (Baht 50,000 million of loan and Baht 150,000 million of debentures) to be used for capital expenditure and/ or working capital and/ or refinancing. The remaining balance of the fund raising plan for the year 2020-2022 is approximate Baht 133,714 million.
PTT would like to inform that on 24 July 2020, PTT has completed fund raising from the issuance of the unsubordinated and unsecured green debenture No. 1/ 2020 and the unsubordinated and unsecured debenture No. 2/2020 to general public in the total amount of Baht 15,000 million. These debentures are under Baht 64,000 million Medium - Term Note Program ( MTN Program) approved by the Securities and Exchange Commission of Thailand. The details of the debentures are as follows:
Green Debenture No. 1/2020
Debenture No. 2/2020
Tenor
3 years
7 years
Amount (millions Baht)
2,000
13,000
Interest Rate
2.25
2.85
(% per annum)
Issuance Date
24 July 2020
Maturity Date
24 July 2023
24 July 2027
Interest Payment Date
On the 24th January and the 24th July every year
throughout the term of debentures
/ The debentures…
-2-
The debentures have been rated AAA( tha) by Fitch Rating ( Thailand) Limited. Bank of Ayutthaya Public Company Limited, Krung Thai Bank Public Company Limited, Kasikornbank Public Company Limited, and Siam Commercial Bank Public Company Limited are the arrangers of these debentures and Bank of Ayutthaya Public Company Limited is the debenture representative and the registrar of these 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 24 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 July 2020 11:15:19 UTC
PTT Public Company Limited is a Thailand-based company, which is engaged in the petroleum business. The Companyâs segments include upstream petroleum and natural gas, downstream petroleum, new business and infrastructure and Others. The upstream petroleum and natural gas segment includes petroleum exploration and production and natural gas. The downstream petroleum segment includes oil and retail, international trading and petrochemicals and refining. The oil and retail business engages in the oil and retail business including service station, EV station, food and beverage, convenience store, and related businesses in both domestic and overseas. Its products include Natural Gas for Automotive (NGV), Natural Gas Wholesale Market Customers and others. Its services include Natural Gas Services for Vehicles, Natural Gas Pipeline Transportation, Order Management Center (ORCC), PTT Electronic Bill Presentment & Payment, PTT E-Tax Web and Collateral Information Ptt.