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Published on 2/21/2018 in the Prospect News Emerging Markets Daily.

New Issue: Thitikorn sells 600 million baht 2.27% three-year debentures

By Marisa Wong

Morgantown, W.Va., Feb. 21 – Thailand’s Thitikorn PCL announced it priced 600 million baht of three-year debentures at par to yield 2.27%.

This will be the company’s first debenture issue for 2018.

Thitikorn is a Bangkok-based motorcycle and automobile hire-purchase company.

Issuer:Thitikorn PCL
Issue:Debentures, 2018 first issue
Amount:600 million baht
Maturity:Feb. 23, 2021
Coupon:2.27%
Price:Par of 1,000 baht
Yield:2.27%
Announcement date:Feb. 21
Settlement date:Feb. 23

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