TTA will subject and supply 2 tranches of debentures rated “BBB” with a steady outlook by the TRIS score with fastened coupon charges of 4.75% and 5.10% per annual subscription from November 8 to 10, 2021

THORESEN THAS SA AGENCIES Press launch

TTA COMPANY| Transport |Offshore Providers | Agrochemical | Meals and Drinks | Funding

For fast launch

TTA will subject and supply 2 tranches of Debentures

Rated “BBB” with steady outlook by the TRIS score

With fastened coupon charges of 4.75% and 5.10% each year

Subscription from 8 to 10 November 2021

Bangkok, November 1, 2021 – Thoresen Thai Businesses Public Firm Restricted or TTA has ready to subject and supply No. 2/2 5 6 4 Debentures underneath the MTN program, that are unsubordinated and unsecured debentures with the consultant of a holder of bonds within the nominative certificates. The debentures might be supplied in 2 tranches: the 3-year and 3-month debentures with a set coupon price of 4.75% each year and the 4-year and 6-month debentures with a set coupon price of 5.10% each year. yr. The coupon might be paid each three months.

The difficulty dimension of two tranches of bonds might be as much as THB 1,500 million with a further greenshoe as much as THB 500 million, for a complete subject dimension of THB 2,000 million. The debentures have been assigned a credit standing of “BBB” with a steady outlook by the TRIS score on August 23, 2021.

TTA Debentures might be supplied to normal and / or institutional buyers from November 8 to 10, 2021 by way of Asia Plus Securities, Globlex Securities, KGI Securities (Thailand), Krungthai Zmico Securities, KTBST Securities and Yuanta Securities (Thailand) with the minimal subscription quantity THB 100,000 after which multiplied by THB 100,000 for normal buyers.

Mr. Chalermchai Mahagitsiri, President and CEO of Thoresen Thai Businesses Public Firm Restricted or TTA, disclosed that “The proceeds from this providing might be used to repay debentures and as working capital to strengthen our enterprise and enhance liquidity. Presently, the Transport section is

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THORESEN THAS SA AGENCIES Press launch

TTA COMPANY| Transport |Offshore Providers | Agrochemical | Meals and Drinks | Funding

is predicted to develop because the offshore companies section, which just lately gained a number of contracts in Thailand, Angola and Saudi Arabia, ready to supply a full vary of subsea companies. ”

Presently, TTA has a powerful stability sheet with money underneath administration of roughly THB 7.5 billion, which results in a powerful capital construction with internet debt bearing curiosity on fairness at 0.06 occasions as of June 30, 2021. As well as, neither of TTA has any default in cost of principal and / or curiosity on the Debentures or failure to adjust to the phrases and situations of the Debentures.

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About TTA

Thoresen Thai Businesses Public Firm Restricted, or TTA, is a Thailand Inventory Trade listed strategic funding holding firm with an funding coverage geared toward producing progress by way of a balanced and diversified portfolio each regionally and internationally. . Its present enterprise portfolio consists of maritime transport, offshore companies, agrochemicals, meals and beverage and funding.

For extra data please contact: Thoresen Thai Businesses Plc.

Natasa Urcharoenngan

Electronic mail: [email protected]

Cellphone. : +662 254 8437 ext 332

Cellular: +668 3492 2442

Thanit Tirapanith

E-mail: thanit.t @ thoresen.com

Cellphone. : +66 2254 8437 Ext. 393

Cellular: + 669-3-559-6169

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Disclaimer

Thoresen Thai Businesses pcl revealed this content material on November 01, 2021 and is solely accountable for the knowledge it accommodates. Distributed by Public, unedited and unmodified, on 01 November 2021 07:16:03 UTC.

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