Bangkok--Jun 8--SET
The CEO of the BEX, Dr. Santi Kiranand, said that the SET Board of Governors has approved the listing of Thai Airways International Pcl.’s (THAI) 3 bond issues on the BEX, worth a total of THB15 bln. These bonds will commence trading from June 9, 2005, onwards, using “THAI085A”, “THAI115A”, and “THAI155A” as their trading abbreviations, respectively.
“In 2003, THAI had 5 bond issues listed on the BEX, worth a total of THB25 bln. The listing of these 3 bond issues will increase the total number of THAI bonds issued on the BEX to 8, with a total worth of THB40 bln.
“The listings of these 3 new bond issues will increase the total number of issues on the BEX to 55, with a total value of THB511.13 bln. These issues consist of 10 government bond issues worth THB293.10 bln. and 45 corporate bond issues worth THB217.94 bln.” Dr. Santi said.
New listings of THAI’s bonds No.1/2005 include the following:
1. THAI085A is comprised of 6 mln. units, each with a THB1,000 par value, totaling THB6 bln. They have a 3-year maturity which will come due on May 12, 2008 and bear a 3.82% fixed interest rate p.a.
2. THAI115A is comprised of 6 mln. units, each with a THB1,000 par value, totaling THB6 bln. They have a 6-year maturity which will come due on May 12, 2011 and bear a 4.67% fixed interest rate p.a.
3. THAI155A is comprised of 3 mln. units, each with a THB1,000 par value, totaling THB3 bln. They have a 10-year maturity which will come due on May 12, 2015 and bear a 5.19% fixed interest rate p.a.
All three issues are senior and unsecured bonds, registered under the bondholders’ names. BankThai Pcl. will be the bondholders’ representative while Thai Military Bank Pcl. will act as their registrar. These bonds have been rated “AA-” by TRIS Rating Co., Ltd.
Interest payment of these bonds will be made every six months, on November 12 and May 12 of each year. If the payment of interest is due on a bank holiday, it shall be made on the next working day without any additional interest for such postponement. For the last interest period, if the payment of interest is due on a bank holiday, it shall be made on the next working day and the interest shall be calculated pursuant to the postponement on a daily basis until (but excluding) the interest payment date.
For more information on all 3 issues of THAI’s bonds, please browse the BEX website at www.bex.or.th. For more information on investing in the BEX, please contact any brokerage firm that provides bond trading services or call the BEX at 0-2229-2783-91.
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
Watsamon Saowakhonsathien Tel: 0-2229-2797 End.