BTS wins Best Green Bond award
BTS Group Holdings Plc has won the "Best Green Bond Award” at The Asset Triple A Sustainable Capital Markets Regional Awards 2019.
The award was in the category "Best Deal - Transport and Infrastructure".
BTS' Bt13-billion multi-tranche senior and unsecured green bond offering to institutional and high net worth investors is the first Thai green bond. It is also the largest and longest tenor green bond offered in Thailand.
The proceeds will be mainly used for debt repayment of Eligible Green Projects, which are the Pink Line (Khae Rai to Min Buri; 34.5km, 30 stations) and Yellow Line (Lat Phrao to Samrong; 30.4km, 23 stations) currently under construction.
These two electric train systems will provide a sustainable and convenient mode of public transportation to communities along their path, leading to reduced carbon emissions in Bangkok.
