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Author Topic: KTBST issues short-term subordinated debentures 450 million  (Read 833 times)

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KTBST issues short-term subordinated debentures 450 million baht, interest at 4%, selling institutional-major companies 22-27 Jul.

KTBST Securities (KTBST) filed a registration statement with the Securities and Exchange Commission (SEC) for the issuance and offering of short-term, pg gaming  unsecured, subordinated debentures. Value not more than 450 million baht, maturity 8 months 24 days, fixed interest rate 4% per annum, interest payment every 3 months throughout the bond term. Offered to institutional investors and/or high net worth investors Between 22-23 and 27 July 64 through KTBST Securities

Fitch Ratings (Thailand) Co., Ltd. has assigned a credit rating of "B(tha)" with a outlook of "stable" as of June 9, 21.

The company will use the proceeds from the offering of this debentures to repay the debentures KTBST21729A that will mature in the amount of 450 million baht in July 21.