PTT's Bt10 bn bonds sold out
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PTT successfully raised an amount of Bt10 billion through a debenture issue, issued to existing bondholders and new retail investors.
Issued under the PTT Loyalty Programme, the bonds carry 4 per cent interest rate per annum and 6 years and 11 months in maturity. They were issued on December 14.
In a statement, PTT Chief Financial Officer Wirat Uanarumit attributed the success to investor confidence in PTT’s operating performance and financial status and are interested to join PTT Debenture Club.
"The success of this offering confirms investors’ confidence in PTT’s strength. We would like to thank all investors for the trust consistently given to PTT and would like to ensure that your investment in PTT debentures will be prudent investment as the sayings “Where your money works for you”," he said.
