By Marisa Wong
Morgantown, W.Va., Aug. 11 – S11 Group PCL issued 500 million baht of two-year debentures on July 20, according to a company notice on Thursday.
The debentures were issued at par to yield 4%.
This is the company’s first issue for 2016. Shareholders had approved in April the issuance of up to 2 billion baht of debentures.
S11 is a Bangkok-based motorcycle financing company.
| Issuer: | S11 Group PCL
|
| Issue: | Debentures
|
| Amount: | 500 million baht
|
| Maturity: | July 20, 2018
|
| Coupon: | 4%
|
| Price: | Par
|
| Yield: | 4%
|
| Settlement date: | July 20
|
| Announcement date: | Aug. 11
|
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