Thailand’s Khon Kaen Sugar plans up to 20 billion baht debentures

By Marisa Wong

Madison, Wis., Jan. 26 – Khon Kaen Sugar Industry PCL is proposing to issue up to 20 billion baht of debentures and bonds, according to a notice.

The debentures may be denominated in baht or other currencies. They will have maturities of up to 20 years.

Pricing will be based on market conditions.

The proposed issuance is subject to shareholders’ approval at an upcoming general meeting.

The company said it is also seeking shareholders’ approval to cancel its previous non-issued debt instruments program established in 2013.

The sugar manufacturer is based in Khon Kaen, Thailand.

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