Bangkok--9 Jul--Ministry of Finance
Mr. Poomsak Aranyakasemsuk, Director General of the Public Debt Management Office (PDMO), is pleased to announce that on June 29, 2018, the Ministry of Finance has successfully achieved financing for the Electricity Generating Authority of Thailand (EGAT)'s 15- and 20-year bonds in the total amount of 10,000 million baht. The transaction was executed through 2 arrangers; Thanachart Bank Public Co., Ltd. and Kasikornbank Public Co., Ltd. Details of the bond issuance are as follows;
- 15-year bond in the amount of 3,000 million baht at 3.57% p.a.
- 20-year bond in the amount of 7,000 million baht at 3.78% p.a.
After being assigned with AAA rating from TRIS Rating, EGAT has issued its first non-guaranteed bonds for Institutional Investor (II) and High Net Worth (HNW) with unrestricted number of investors.
This issuance marks another milestone for PDMO in developing SOEs non-guaranteed bonds. Multiple investors have expressed interest in the bond, resulting in overwhelming participation of 18 investors, ranging from, insurance companies, commercial banks and asset management companies.
The Ministry of Finance is highly appreciated for contribution of all investors in the EGAT bond issuance.
Debt Management Bureau 2, Public Debt Management Office
Tel. 0 2265 8050 ext. 5418