Ticon Freehold and Leasehold Real Estate Investment Trust : The Issuance of Debentures of Frasers Property Thailand Industrial Freehold & Leasehold REIT (FTREIT) No. 1/2022
May 31, 2022 at 02:50 am EDT
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FIRM 019/2022
May 31st, 2022
Re:
The Issuance of Debentures of Frasers Property Thailand Industrial Freehold & Leasehold REIT
(FTREIT) No. 1/2022
Attention:
The President
The Stock Exchange of Thailand
Frasers Property Industrial REIT Management (Thailand) Company Limited, (the "Company") as the REIT Manager of FTREIT would like to announce that on May 31st, 2022 the Company has completed the issuance of FTREIT's debentures No.1/2022, amounting to 1,600 million Baht. The issuance has been done under the limit approved by the 2020 AGM of Unitholders on January 27th, 2020. Details of the debentures are as follows:
Type of Debenture
Unsubordinated and Unsecured Debentures with a Debenture holders'
Representative in the Name-Registered Debenture Certificate
Name of Debenture
Debentures of Frasers Property Thailand Industrial Freehold & Leasehold REIT
No.1/2022, Series 1, Due 2025
Debentures of Frasers Property Thailand Industrial Freehold & Leasehold REIT
No.1/2022, Series 2, Due 2027
Face Value
Baht 1,000 (One thousand Baht)
Total Amount
Baht 1,600 million (One thousand Six hundred million Baht)
Tenor
3 years and 5 years for Debentures Series 1 and Series 2 respectively
Coupon
Fixed Rate at 3.05% and 3.85% per annum for Debentures Series 1 and Series 2
respectively
Issue Date
May 31st, 2022
Maturity Date
May 31st, 2025 for Debenture Series 1 and May 31st, 2027 for Debenture Series 2
Principal Repayment
Bullet Repayment on the Maturity Date
Interest Payment
Semi-annually on November 30th and May 31st each year.
Offering Type
Institutional Investors and/or High Net Worth Investors
Underwriter
United Overseas Bank (Thai) Public Company Limited
by Frasers Property Industrial REIT Management (Thailand) Company Limited The REIT Manager
(Mr. Thanarat Boonyakosol)
Managing Director
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Disclaimer
Frasers Property Thailand Industrial Freehold & Leasehold REIT published this content on 31 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2022 06:49:04 UTC.
Frasers Property Thailand Industrial Freehold & Leasehold REIT is a Thailand-based real estate investment trust (REIT). The Trustâs objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease and/or sub-lease of immovable properties. The Trustâs investment portfolio is comprised of factories and warehouses, which are located in key industrial areas of Thailand, such as Ayutthaya, Pathum Thani, Chonburi, Rayong, Samut Prakan and the Eastern Economic Corridor (EEC). It serves industries, such as automotive, logistics, electronics, retail, and e-commerce industries. Frasers Property Industrial REIT Management (Thailand) Company Limited acts as the REIT Manager, BBL Asset Management Company Limited acts as the Trustee, Frasers Property Industrial (Thailand) Company Limited is hired as the Property Management and Thailand Securities Depository Company Limited acts as the Trust Registrar.
Ticon Freehold and Leasehold Real Estate Investment Trust : The Issuance of Debentures of Frasers Property Thailand Industrial Freehold & Leasehold REIT (FTREIT) No. 1/2022
TICON FREEHOLD AND LEASEHOLD REAL ESTATE INVESTMENT TRUST 
