IRPC Public Company Limited (IRPC) offers 8 tranches of debentures and digital debentures worth approximately 12,000 million baht, interest rates 3.20-4.40%, subscription period 26-30 May.

IRPC Plc. (IRPC) offering debentures such for Bring money to repay IRPC239A debentures maturing in September 2023 in the amount of 2,000 million baht, to repay loans to 4 banks, totaling 4,355 million baht and to repay another 2,619 million baht within the year 23 and use. as working capital in the business in the amount of 3,026 million baht within the year 23

The debentures offered for sale are divided into 4 tranches of the Company's debentures, namely:

– 3-year tranche of debentures with a fixed interest rate of 3.20-3.40% per annum, payable every 6 months throughout the debenture life.

– 2nd tranche of debentures, 5-year term, fixed interest rate of 3.70-3.90% per year, interest payment every 6 months throughout the debenture life.

– The 3rd series of 7-year debentures with a fixed interest rate of 4.00-4.20 percent per year, payable every 6 months throughout the debenture life.

– 4th series of 10-year debentures with a fixed interest rate of 4.20-4.40% per year, payable every 6 months throughout the debenture life.

Public offering (By allowing individuals who are institutional investors to subscribe as general investors only) During the period 26,29-30 May '23, the underwriters for series 1-4 are Bangkok Bank. Krung Thai Bank Bank of Ayudhya Kasikorn Bank, CIMB Thai Bank, Siam Commercial Bank TMB Thanachart Bank, UOB Bank securities company Kiatnakin Phatra Co., Ltd.

In addition, there are 4 digital debentures:

– Digital Bond Series 5, 3-year term, fixed interest rate of 3.20-3.40 percent per year, interest payment every 6 months throughout the bond life.

– Digital Bond Series 6, 5-year term, fixed interest rate of 3.70-3.90 percent per year, interest payment every 6 months throughout the debenture life.

– Digital Debenture Series 7, 7-year term, fixed interest rate of 4.00-4.20 percent per year, interest payment every 6 months throughout the debenture life.

– Digital Bond Series 8, 10-year term, fixed interest rate of 4.20-4.40 percent per year, interest payment every 6 months throughout the debenture life.

Public offering The subscription period is from May 26-30, 2023. The underwriter for the 5th-8th series of debentures is Krung Thai Bank.

The debenture holder representative It's Bank of Ayudhya. Debenture Registrar It's Bank of Ayudhya. For the 1st-4th series of debentures, Krung Thai Bank is the registrar for the 5th-8th series of digital debentures and the custodian (for the 5th-8th series of digital debentures).

Issuer credit rating “A-(tha)” with “Negative” outlook by Fitch Ratings (Thailand) Limited on March 16, 2023.

Credit rating of debentures ” A-(tha)” by Fitch Ratings (Thailand) Limited on March 16, 2023.-Thai News Agency

Source: Thai News Agency