TPI Polene Power Public Company Limited (TPIPP) offers 2 shares of company debentures No. 1/2023 with a total offer value of not more than 6,000 million baht, being the 1st tranche of debentures, offering an amount not exceeding 3,000 million baht. due in 2026, 3 years and 6 months with a fixed interest rate of 4.15% per annum, payable every 3 months throughout the life of the debenture. and the final interest payment on the maturity date of the debentures
The second series of debentures, offered for sale not exceeding 3,000 million baht, maturing in 2028, is 5 years old and bears a fixed interest rate of 4.60% per annum, payable every 3 month throughout the life of the debenture. and the final interest payment on the maturity date of the debentures
It is offered for sale in the general case to general investors and institutional investors. Between 11-13 and 16-17 January 2023
Bond Credit Rating “BBB+” with “Positive” Outlook by TRIS Rating Co., Ltd. on December 9, 2022.
Debenture underwriters for general offering to general investors and/or institutional investors (including large investors) CIMB Thai Bank, Asia Plus Securities, Krung Thai X Spring Securities, Yuanta Securities (Thailand), Maybank Securities (Thailand), Nomura Securities , Patanasin, Dao Securities (Thailand), Pai Securities, KGI Securities (Thailand), UOB Kay Hian Securities (Thailand), Finansia Syrus Securities, Globlex Securities, Phillip Securities (Thailand) and CGS-CIMB Securities (Thailand)
In terms of the underwriters, the debentures are offered to institutional investors and/or high net worth investors only. is Thai Thanachart Bank
The company will invest in the company’s machinery and equipment to improve the TG7 power plant in the amount of 1,014 million baht by the year 23, to invest in the company’s machinery and equipment to improve the TG8 power plant in the amount of 4,026 million baht. by the year 25, to invest in the company’s machinery and equipment to improve other boilers to be more efficient in the amount of 699 million baht within the year 23 and used as working capital. in company business in the amount of 261 million baht within the year 23
