Bangkok--20 May--สยาม พีอาร์ คอนซัลแทนท์
Ananda Development Public Company Limited announces the successful placement of four billion Baht of 3 year debentures at an annual fixed interest rate of 5.4%.
The bond was marketed locally by Krung Thai Bank and CIMB Thai Bank.
Mrs. Muntana Aue-Kitkarjorn, CFO of Ananda Development, stated that, “Ananda Development is pleased to have successfully issued this 4 billion Baht debenture. The proceeds will be used to repay a 2.6 billion Baht bond due in July of this year with the remainder used as working capital.”
Mr. Chanond Ruangkritya, CEO of Ananda Development commented that, “This successful bond issue allows us to continue our growth as planned and the 3 year term reduces the potential risk of being impacted by any changes in the financial environment.”
1. Debentures’ name
Debentures of Ananda Development Public Company Limited No. 1/2014 Due 2017
2. Type of Debentures
Unsubordinated and Unsecured Debentures with a Debentures holder ‘Representative in the Name-Registered Debentures
3. Offering Method
Public Offering and/or Institutional Investors
4. Offering Amount
4,000,000 Units
5. Face Value
1,000 Baht/Unit
6. Offering Price
1,000 Baht/Unit
7. Total Amount
4,000,000,000 Baht
8. Issuing Date
12 May 2014
9. Maturity Date
12 May 2017
10. Interest Rate
Fixed Rate at 5.40% per annum
11. Tenor
3 Years