TTA Reaffirms Investor Confidence with Fully Subscribed THB 1.7 billion Debenture Offering
Bangkok, Thailand: October 9, 2026 – Thoresen Thai Agencies Public Company Limited, or TTA, has completed its debenture offering with a total value of THB 1.7 billion, achieving the full target amount within a short period of time. The overwhelming investor response reflects confidence in TTA’s business fundamentals, financial strength, and long-term growth potential.
Mr. Chalermchai Mahagitsiri, President and Chief Executive Officer of TTA, said, “The response to this offering reflects investors’ recognition of the financial discipline TTA has consistently upheld, particularly at a time when investors are becoming increasingly selective in their debenture investments. The proceeds will allow us to manage our maturing debt smoothly and provide the flexibility to continue growing the Group’s businesses.”
“We would like to sincerely thank all investors for placing their trust in TTA and being part of this success, as well as all lead arrangers for their invaluable support. This confidence is an important driving force for TTA as we continue to build on our business strengths and pursue sustainable growth,” Mr. Chalermchai added.
The debentures have a tenor of 3 years, 2 months, and 12 days, with a total offering size of THB 1.7 billion, carrying a fixed interest rate of 4.60% per annum, payable quarterly, and maturing in December 2029. The proceeds from this issuance will be used to repay existing debentures due on October 19, 2026, and for short-term working capital, as part of the Company's effective financial structure management, while strengthening its financial position and flexibility over the long term.
The Company and the debentures were assigned a credit rating of “BBB” with a “Stable” outlook by TRIS Rating Co., Ltd. on September 10, 2026.
TTA remains committed to upholding investors’ trust through prudent and responsible business practices to create sustainable value.