Bangkok--Feb 4--SET
Dr. Santi Kiranand, Chief Executive Officer of the Bond Electronic Exchange (BEX) of The Stock Exchange of Thailand (SET), revealed that the SET Board of Governors has approved the listing of Charoen Pokphand Foods Pcl.’s (CPF) debenture No.1/2004, Series 1 and 2, on the BEX. CPF’s debentures will commence trading from February 7, 2005 onwards, using “CPF07NA” and “CPF09NA” as their trading symbol respectively.
“These two series of CPF’s debentures are worth THB6,000 mln. (approx. USD 153.84 mln.) in total. The two series are comprised of six mln. units of debentures, each with a par value of THB1,000. The listing of CPF’s debentures will raise the total outstanding value of all listed issues of bonds on the BEX to 42 issues worth a total of THB201,323.10 mln.(approx. USD5,162.13 mln.),” BEX’s CEO said.
Both series of CPF’s debentures are unsubordinated, unsecured, and name-registered with a debenture-holders’ representative. They have been rated ‘A’ by the TRIS Rating Co. Ltd.
CPF07NA is CPF’s debentures No.1/2004, Series 1. They are comprised of 2,500,000 units of debentures with a par value of THB1,000 per unit totaling THB2,500 mln. They will have a 3-year maturity and bear a fixed interest rate of 4.25% per annum. Interest payments will be disbursed on May 17th and November 17th annually until maturity. The first interest payment will be on May 17, 2005. CPF07NA will come due on November 17, 2007.
CPF09NA is CPF’s debentures No.1/, S 2004, Series 2. They are comprised of 3,500,000 units of debentures with a par value of THB1,000 per unit totaling THB3,500 mln. They will have a 5-year maturity and bear a fixed interest rate of 5.50% per annum. Interest payments will be disbursed on May 17th and November 17th annually until maturity. The first interest payment will be on May 17, 2005. CPF07NA will come due on November 17, 2009.
If the interest payment date does not fall on a business day for commercial banks, it shall be postponed to the next business day without any additional interest factored in for the postponement. Furthermore, if the last interest payment date does not fall on a business day for commercial banks, it shall be postponed to the next business day and the interest shall be calculated to include the postponement on a daily basis until (but excluding) the last interest payment date.
Kasikornbank will act as the registrar, paying agent, and the debentureholders’ representative.
For more information on CPF07NA and CPF09NA, please browse CPF’s website, www.cpfoods.net and the BEX’s website at www.bex.or.th. People interested in investing on the BEX can contact any securities company or call the BEX at tel: 0 2229-2787-91.
For more information,
please contact the Corporate Communication Dept.:
Ladawan Kantawong Tel: 0-2229-2036 /
Kulvida Jintakawong Tel: 0-2229-2037 /
Nattaporn Boonprapa Tel: 0-2229-2049 End.