By THE NATION
The offering comprises five series of debentures with tenors of four years and six months, seven years, 10 years, 12 years and 15 years, all of which have been assigned a credit rating of A+ from TRIS Rating.
CPFTH has appointed Krungthai Bank, Kasikornbank, Siam Commercial, Government Savings Bank, CIMBThai Bank, TMB Bank and Phatra Securities as joint lead arrangers for this batch of debentures, which should be offered by August 20.
Paisan Chirakitcharern, chief financial officer for CPF, said CPFTH’s business encompasses integrated operations in Thailand in relation to livestock, comprising swine, broiler and layer chickens as well as duck.
CPFTH's operation covers three core livestock business lines, namely the production and sale of animal feed; breeding, commercial farming, and primary meat processing; and production of processed semi-cooked, fully-cooked and ready-to-eat meals, including outlets like CP Fresh Mart, Five Stars, Star Coffee and CP Kitchen. It also runs a Korean BBQ restaurant chain called “DakGalbi” and a seafood and international food buffet restaurant chain called “CP Hilai Harbour”.