No. INET OM 0038/08/2022
11 August 2022
Subject Notification of the issuance of Internet Thailand Public Company Limited's Debenture
To President
The Stock Exchange of Thailand
Reference is made to Internet Thailand Public Company Limited ("INET")' s Extraordinary General Meeting of Shareholders held on March 7th, 2022, which had the resolution to approve the issuance and offering of additional debentures of 1,500 million baht, totaling no more than 2,500 million baht. This fund will be used for repaying the company's short-term debt securities and/or working capital.
INET hereby announces that on April 26th, 2022, INET issued the Long-term debenture of Internet Thailand Public Company Limited No. 1/2022 in the amount of not exceeding 1,000 million Baht. The offering details are attached herewith.
Term | Description |
Name | LONGTERM DEBENTURES OF INTERNET THAILAND PUBLIC COMPANY LIMITED NO. 1/2022 |
TRANCHE 1 DUE 2024 WITH ISSUER'S RIGHT OF EARLY REDEMPTION and | |
LONGTERM DEBENTURES OF INTERNET THAILAND PUBLIC COMPANY LIMITED NO. 1/2022 | |
TRANCHE 2 DUE 2024 WITH ISSUER'S RIGHT OF EARLY REDEMPTION | |
Type | Long term Debenture which specifying the name of the holder, non-subordinated |
type, unsecured, there is a representative of the bondholders, and the debenture | |
issuer has the right to redeem the debentures before maturity. | |
Rating | Unrated |
Offering | Private Placement to Institutional Investors and High Net Worth Investors. |
Total value does not exceed 1,000 million baht. | |
Tenor | Tranche 1 : 1 year 9 months |
Tranche 2 : 2 years 6 months | |
Coupon | Tranche 1 : Fixed interest rate at 4.90% p.a. |
Tranche 2 : Fixed interest rate at 5.15% p.a. | |
Coupon Settlement | Quarterly Basis |
Maturity Date | Tranche 1 : 26 January 2024 |
Tranche 2 : 26 October 2024 | |
Furthermore, on July 19th, 2022, INET issued another Long-term debenture of Internet Thailand Public Company Limited No. 2/2022 in the amount of not exceeding 700 million Baht. The offering details are attached herewith.
Term | Description |
Name | LONGTERM DEBENTURES OF INTERNET THAILAND PUBLIC COMPANY LIMITED NO. |
2/2022 DUE 2025 WITH ISSUER'S RIGHT OF EARLY REDEMPTION | |
Type | Long term Debenture which specifying the name of the holder, non-subordinated |
type, unsecured, there is a representative of the bondholders, and the debenture | |
issuer has the right to redeem the debentures before maturity. | |
Rating | Unrated |
Offering | Private Placement to Institutional Investors and High Net Worth Investors. |
Total value does not exceed 700 million baht. | |
Tenor | 2 years 6 months |
Coupon | Fixed interest rate at 5.15% p.a. |
Coupon Settlement | Quarterly Basis |
Maturity Date | 19 January 2025 |
Please be informed accordingly.
Yours sincerely,
(Mrs.Morragot Kulatumyotin)
Managing Director
Company's Secretary Tel. 0-2257-7000 Fax. 0-2257-1379