Bangkok--8 May--BTS GROUP
BTS Group Holdings PLC has won the "Best Green Bond Award”, in the category of Best Deal - Transport and Infrastructure, at The Asset Triple A Sustainable Capital Markets Regional Awards 2019. The 13 billion baht multi-tranche senior and unsecured green bond is the first Thai green bond offering to institutional and high net worth investors, and the largest and longest tenor green bond offered in Thailand.
The proceeds will be mainly used for debt repayment of Eligible Green Projects, which are the Pink (Khae Rai to Min Buri; 34.5km, 30 stations) and Yellow (Lad Prao to Sam Rong; 30.4km, 23 stations) Mass Transit Lines currently under construction. These two electric train systems will provide a sustainable mode of public transportation to communities along their path, leading to reduced carbon emission and an improved quality of life for the people of Bangkok