The Debentures of Thoresen Thai Agencies Public Company Limited No.1/2026 Due 2028 under the Medium Term Note Program 2024 of Thoresen Thai Agencies Public Company Limited
| Debentures TTA287A | |
|---|---|
| Symbol | TTA287A |
| Security Type | Name-registered, unsubordinated and unsecured debentures with debenture holders’ representative |
| Offering Method | Public offering to general investors and/or institutional investors |
| Total Number of Units | 1,000,000 (one million) units |
| Total Issue Amount | 1,000,000,000 (one billion) Baht |
| Interest Rate | Fixed interest rate at 5.15 (five point one five) percent per annum |
| Tenor | 2 (two) years 6 (six) months |
| Issue Date | 27 January 2026 |
| Maturity Date(1) | 27 July 2028 |
| Interest Payment(2) | Every 3 months on 27th January, 27th April, 27th July, and 27th October of each year throughout the term of the debentures |
| Call/Put Option for Early Redemption | none |
| Guarantee/Collateral | none |
| Debenture holders’ Representative | Asia Plus Securities Company Limited |
| Registrar | Siam Commercial Bank Public Company Limited |
| Issue Rating | “BBB” by TRIS Rating on 25 November 2025 |
| Financial Covenants | The Issuer shall maintain the Net Interest Bearing Debt to Equity Ratio not exceeding 2.0: 1 (two to one) according to the issuer’s audited or reviewed consolidated financial statements at the end of the accounting period of each quarter or each fiscal year throughout the term of debentures. |
Note
- (1) If the debenture redemption date does not fall on a business, such payment shall be made on the next business day.
- (2) If the interest payment date does not fall on a business, such payment shall be made on the next business day. The last interest payment date is the same as the debenture redemption date.
