Photo Release: KBank is named underwriter for Sansiri debentures, No. 3/2017

Stocks and Financial Services Press Releases Wednesday September 13, 2017 12:16
Bangkok--13 Sep--KASIKORNBANK

At KBank Phahon Yothin Building, Mr. Predee Daochai (third from right), President of KBank, and Mr. Apichart Chutrakul (fourth from right), Chief Executive Officer of Sansiri Public Company Limited,recently participated in a signing ceremony to appoint KBank as the underwriter for Sansiri PCL's unsecured debentures, No. 3/2017, totaling THB2 billion, with a 5-year term and the maturity date in 2022. The debentures carry an annual interest rate of 3.35 percent, which will be paid every three months throughout their term. Rated BBB+ by Thai Rating and Information Services Company Limited (TRIS), Sansiri debentures will be offered to the holders of every class of Sansiri debentures, before maturity expiration, during September 12-13, 2017, and to the general public during September 18-21, 2017. The minimum subscription is THB100,000 with subsequent multiples of THB100,000 each. Sansiri will use the proceeds from the issuance of debentures to purchase land for the company's new projects and/or as the working capital for its business operation.


Latest Press Release

Bermuda-Based Holding Company Sirius International Group#s Subordinated Notes Rated #BB+#

LONDON (S&P Global Ratings) Sept. 22, 2017--S&P Global Ratings today assigned its 'BB+' long-term issue level credit rating to the subordinated notes issued by Sirius International Group Ltd. The rating on the notes is two notches below the...

Three Hong Kong Government-Related Entities Downgraded To #AA+# Following Similar Action On Hong Outlook Stable

HONG KONG (S&P Global Ratings) Sept. 22, 2017--S&P Global Ratings today lowered the long-term corporate credit ratings on the following three Hong Kong government-related entities (GREs) to 'AA+' from 'AAA'. The outlooks are stable. At the same...

#ASEAN countries full of opportunity, PwCs SEAC CEO says,

Businesses in the Association of Southeast Asian Nations (ASEAN) are looking for ways to drive faster growth and greater productivity as they navigate through increasingly complex challenges and technological advances. The region, which celebrated its...

Kowloon-Canton Railway Corp. Ratings Lowered To #AA+# From #AAA# On Hong Kong Sovereign Outlook Stable

HONG KONG (S&P Global Ratings) Sept. 22, 2017--S&P Global Ratings said today that it had lowered the long-term issuer and issue credit ratings on Kowloon Canton Railway Corp. (KCRC) to 'AA+' from 'AAA'. The outlook is stable. We also affirmed the...

The Colonial Mutual Life Assurance Society Ltd. Ratings Affirmed At #A+#; Outlook Stable

MELBOURNE (S&P Global Ratings) Sept. 22, 2017--S&P Global Ratings said today that it had affirmed its 'A+' financial strength and issuer credit ratings on Australian life insurer The Colonial Mutual Life Assurance Society Ltd. (CMLA). The outlook...

Related Topics