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Published on 4/20/2021 in the Prospect News Emerging Markets Daily.

New Issue: Thai Beverage sells 8 billion baht of 1.21% three-year debentures

By Rebecca Melvin

Concord, N.H., April 20 – Thai Beverage PCL (ThaiBev) has issued 8 billion baht of 1.21% three-year debentures, according to a company news release.

Bangkok Bank plc and Kasikornbank plc were arrangers of the issue.

The proceeds were used to refinance a short-term loan.

The beverage company is based in Bangkok.

Issuer:Thai Beverage PCL (ThaiBev)
Issue:Debentures
Amount:8 billion baht
Maturity:Three years
Arrangers:Bangkok Bank plc and Kasikornbank plc
Coupon:1.21%
Announcement date:April 20

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