Bangkok--Jun 30--SET
The CEO of the BEX, Dr. Santi Kiranand, said that the SET Board of Governors has approved the listing of The Aromatics (Thailand) Pcl.’s (ATC) two bond issues totaling THB12 bln. These are comprised of its bonds No.1/2546, Series 1, worth THB8 bln. (8 mln. units at THB1,000 each) and Series 2 worth THB4 bln. (4 mln. units at THB1,000 each). The two issues will be listed on the BEX and will commence trading from July 4 onwards. Bonds No.1/2546, Series 1 will use “ATC086A” as their trading symbol, while the Series 2 will use “ATC106A”.
“The listing of ATC’s bonds will increase the total value of outstanding bonds on the BEX to THB533.53 bln. (USD13.34 bln.) for 58 issues, consisting of 10 government issues worth THB293.10 bln. and 48 corporate issues worth THB240.34 bln.” Dr. Santi said.
ATC issued ATC086A and ATC106A on June 24, 2003. ATC086A has a 5-year maturity which will come due on June 24, 2008. It bears a 3.15% fixed interest rate p.a. As for ATC106A, it has a 7-year maturity which will come due on June 24, 2010. It bears a 3.40% fixed interest rate p.a. Interest payments on both bond issues will be paid every six months on June 24 and December 24 annually.
ATC086A and ATC106A are amortizing, senior, and secured bonds. They also have a bearer’s name. The Thai Military Bank Pcl. will be the bondholders’ representative and registrar. Collateral for these issues include the registration of building and machine mortgages of the issuer and the transfer of rights with conditions.
Effective June 2, 2005, the issues were upgraded from BBB+(tha) to A-(tha) by Fitch Rating (Thailand) Ltd., reflecting the company’s healthier performance and its ability to maintain a manageable debt ratio.
People interested in ATC bonds are encouraged to contact any brokerage firm that is a SET member, 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.