Ratch Public : Issuance and Offering of Debentures
October 30, 2020 at 01:55 am EDT
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RATCH 382/2020 30 October 2020
Subject:
Issuance and Offering of Debentures
Attention:
President of the Stock Exchange of Thailand
Enclosure:
Offering Details of Green Debentures No. 1/2563 of RATCH Group Public Company Limited
Reference is made to the RATCH Group Public Company Limited (the "Company")'s Resolution of the 2018 Annual General Meeting held on 5 April 2018 that approved the issuance and offering of debentures by the Company in an amount of not exceeding Baht 15,000 million or equivalent in any foreign currency.
The Company would like to report that the Company will issue the first debentures in accordance with such resolution on 4 November 2020. The debentures will be the Green Debentures No.1/2563 in the total amount of Baht 8,000 million. The debentures are under Baht 15,000 million Medium Term Note Program approved by the Securities and Exchange Commission on 21 October 2020. The summarized details are enclosed herewith.
Please be informed accordingly.
Sincerely yours,
(Mr. Kijja Sripatthangkura)
Chief Executive Officer
Company Secretary Office
Tel. +66 2794 9510
Fax. +66 2794 9888 Ext. 9510
Offering Details
Green Debentures of RATCH Group Public Company Limited (No.1/2563)
under the Baht 15,000,000,000 Debenture Programme of RATCH Group Public Company Limited in the Year 2020
For Institutional Investor and/or High Net Worth
Summary of Debenture Issuance
Issuer
RATCH Group Public Company Limited ("RATCH" or "Company")
Type
Registered, Senior and Unsecured Debentures with Debenture Holders' Representative
Offering
Private Placement to II and/or HNW
Lead Arrangers
For offering to Institutional Investor
Bangkok Bank Public Company Limited, Bank of Ayudhya Public Company Limited, Siam Commercial
Bank Public Company Limited and Standard Chartered Bank (Thai) Public Company Limited
For offering to High Net Worth
Bangkok Bank Public Company Limited, Bank of Ayudhya Public Company Limited, Siam Commercial
Bank Public Company Limited
Rating
AAA /Stable by TRIS Rating Company Limited. (as of 1 October 2020)
Green Financing Framework
The Green Bond Principles ("GBP") by the International Capital Market Association ("ICMA") and the ASEAN
Green Bond Standards ("GBS") by the ASEAN Capital Markets Forum ("ACMF")
Use of Proceeds
For investment and/or repayment of existing loans and/or internal fund repayment (in whole or in part) of the
new or existing green eligible projects of the Company and the group companies, in alignment with RATCH's
Green Financial Framework, including renewable energy projects, wind power projects, and clean
transportation project e.g. Pink and Yellow Line Monorail.
Issued Amount
Up to THB 8,000 Million
Series
Tranche 1
Tranche 2
Tranche 3
Tranche 4
Duration
3 Years
5 Years
10 Years
15 Years
ThaiBMA Code
RATCH23NA
RATCH25NA
RATCH30NA
RATCH35NA
Coupon Rate
1.32% p.a.
1.76% p.a.
2.61% p.a.
2.94% p.a.
Maturity Date
4 November 2023
4 November 2025
4 November 2030
4 November 2035
Par Value per Unit
1,000 Baht
Issue Date
4 November 2020
Principal Repayment
Bullet Repayment
Interest Payment
The issuer will pay interest every 6 month on 4 May and 4 November each year, commencing on 4 May 2021
until the last interest payment date on the maturity date of each debenture.
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Ratchaburi Electricity Generating Holding pcl published this content on 30 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 October 2020 05:54:01 UTC
RATCH Group Public Company Limited is a Thailand-based energy and infrastructure company. The principal businesses of the Company are the investing in companies, whose objectives are to generate and sell electricity, develop power energy and infrastructure projects. The Company has two businesses: Power Business and Non-Power Business. It also considers diversification of power plants fired with different fuel, such as natural gas, coal and fuel oil. It has a capacity of 6,237.50 megawatts (MW), 1,629.43 MW and 7.20 MW of natural gas, gas and diesel. The Company has total renewable equity capacity of 2,933.22 MW. Its Non-Power Business is focused on covering fundamental infrastructures, such as transportation and telecommunication, and utility projects, such as service water production. The Company has four segments: Domestic Electricity Generating, Renewable Energy, International Power Projects, and Related business and Infrastructure.