Bangkok--Jun 15--SET
The CEO of the BEX, Dr. Santi Kiranand, said that the SET Board of Governors has approved the listing of Krung Thai Bank Pcl.’s (KTB) subordinated bond No.1/2005 on the BEX. These bonds are comprised of 10.4 mln. units worth THB1,000 each, totaling THB10.4 bln., and will commence trading from June 16, 2005, onwards, using the symbol “KTB155A”.
“KTB155A is the second lot of KTB bonds listed on the BEX. Total listed KTB bonds therefore have been raised to THB20.4 bln. (USD 0.5 bln.) in total. The listing of KTB155A will increase the total value of outstanding bonds on the BEX to THB521.53 bln. (USD13 bln.) from 56 issues, consisting of 10 government issues worth THB293.10 bln. and 46 corporate issues worth THB228.34 bln.” Dr. Santi said.
KTB issued KTB155A on May 18, 2005. The issue has a 10-year maturity which will come due on May 18, 2015. It bears a 4.6% fixed interest rate p.a. during the 1st — 5th year, and 6.0% fixed rate p.a. during the 6th — 10th year. Interest will be paid on May 18 and November 18 every year, commencing on November 18, 2005.
“KTB155A is a straight, unsecured and subordinated bond with a call option. It is also non-convertible and of the name-registered type. Early redemption may be made on the completion of the five-year period from the issuance date, or on any interest payment date after the completion of the five-year period from the issuance date; or under additional condition(s) to be determined by the Bank of Thailand in the future. The Thai Military Bank Pcl. will be the bondholders’ representative,” Dr. Santi concluded.
On May 6, 2005, KTB155A received an ‘AA-(tha)’ rating from Fitch Ratings (Thailand).
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 on listed bonds, please browse the BEX website at www.bex.or.th.
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.