FIRM 019/2022
May 31st, 2022
Re: | The Issuance of Debentures of Frasers Property Thailand Industrial Freehold & Leasehold REIT |
(FTREIT) No. 1/2022 | |
Attention: | The President |
The Stock Exchange of Thailand |
Frasers Property Industrial REIT Management (Thailand) Company Limited, (the "Company") as the REIT Manager of FTREIT would like to announce that on May 31st, 2022 the Company has completed the issuance of FTREIT's debentures No.1/2022, amounting to 1,600 million Baht. The issuance has been done under the limit approved by the 2020 AGM of Unitholders on January 27th, 2020. Details of the debentures are as follows:
Type of Debenture | Unsubordinated and Unsecured Debentures with a Debenture holders' |
Representative in the Name-Registered Debenture Certificate | |
Name of Debenture | Debentures of Frasers Property Thailand Industrial Freehold & Leasehold REIT |
No.1/2022, Series 1, Due 2025 | |
Debentures of Frasers Property Thailand Industrial Freehold & Leasehold REIT | |
No.1/2022, Series 2, Due 2027 | |
Face Value | Baht 1,000 (One thousand Baht) |
Total Amount | Baht 1,600 million (One thousand Six hundred million Baht) |
Tenor | 3 years and 5 years for Debentures Series 1 and Series 2 respectively |
Coupon | Fixed Rate at 3.05% and 3.85% per annum for Debentures Series 1 and Series 2 |
respectively | |
Issue Date | May 31st, 2022 |
Maturity Date | May 31st, 2025 for Debenture Series 1 and May 31st, 2027 for Debenture Series 2 |
Principal Repayment | Bullet Repayment on the Maturity Date |
Interest Payment | Semi-annually on November 30th and May 31st each year. |
Offering Type | Institutional Investors and/or High Net Worth Investors |
Underwriter | United Overseas Bank (Thai) Public Company Limited |
Registrar | CIMB Thai Bank Public Company Limited |
Debenture holders' | Bank of Ayudhya Public Company Limited |
Representative | |
Kindly be informed accordingly.
Sincerely yours,
Frasers Property Thailand Industrial Freehold & Leasehold REIT
by Frasers Property Industrial REIT Management (Thailand) Company Limited The REIT Manager
(Mr. Thanarat Boonyakosol)
Managing Director