페이지 정보작성자 까마 (106.♡.116.194) 댓글 0건 조회 5회 작성일 21-10-13 17:21
[THAILAND ECONOMIC NEWS] Good morning everyone I am Rumi Dhar from Kama Group.
Here I have important THAILAND economic news to share with you which is as mention under.
PTT Exploration and Production Plc (PTTEP) is preparing to offer Asia's first digital bonds worth
5 billion baht next month, allowing people to invest via the Pao Tang wallet, a mobile app
developed by Krungthai Bank (KTB).
"PTTEP has returned to issue bonds to the public for the first time in 10 years. We're pleased
to offer an investment opportunity to Thai investors who expect steady returns," said Montri
Rawanchaikul, chief executive of PTTEP.
Investors can buy debentures with a minimum investment value of 1,000 baht.
The bonds, due in 2026, have a tenor of five years and bear a step-up interest rate with a
minimum of 2.00% per year and a maximum of 2.75%, averaging 2.25% per year.
They were given an "AAA" credit rating for domestic bonds by Tris Rating in the middle of
PTTEP is scheduled to determine the issue size by the end of October and the offering is set
for between Nov 2 and 4.
Mr Montri said cash from the bond issuance will be used to refinance outstanding loans and as
working capital for the future growth of the company's businesses.
Read more at: https://www.bangkokpost.com/business/2196907/pttep-preps-to-issue-b5bn-digital-bonds
Have a nice day
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