CPFTH says 3-day bond issuance a success
CPF (Thailand) Public Company Limited (CPFTH), a subsidiary of Charoen Pokphand Foods Public Company Limited, termed its bond issuance of 2.5 times oversubscription with final issuance of Bt20 billion a success.
In a press release, the company said it was “delighted” by the feedback from the offering of five series of debentures to institutional and/or high net worth investors during the period of August 17-19.
CP chief financial officer Paisan Chirakitcharern said the subscription “was over the company’s target”, which resulted in CPFTH’s decision to exercise the greenshoe option to support demand from investors.
The seven joint lead arrangers were Krungthai Bank, KasikornBank, Siam Commercial Bank, Government Savings Bank, CIMB Thai Bank, TMB Bank and Phatra Securities, the statement added.
