Post by account_disabled on Dec 30, 2023 5:39:26 GMT
Saha Pathana Inter-Holding Public Company Limited (SPI) has successfully issued bonds No. 1/2020, a total of 4 tranches, with a total offering value of 5,000 million baht, reinforcing the strong financial credit of the Saha Group. Building confidence in the fundraising financial market and build confidence in the Thai economic system even during times of crisis. Saha Pathana Inter-Holding Public Company Limited (the “Company” or “SPI”) reveals its success in offering and issuing bonds worth 5,000 million baht, with TRIS Rating Company Limited providing corporate credit ratings and ratings. The Company's debentures are at the "AA" level with a "Stable" outlook. The Company has offered these debentures to institutional investors and large investors.
The debentures were issued on June 25, 2020, with Bangkok Bank Public Company Email Data Limited and Bank of Ayudhya Public Company Limited acting as underwriters for the bonds this time. Mr. Wichai Kulsomphob, President of Saha Pathana Inter-Holding Public Company Limited, said that the company is very pleased and would like to thank all investors for their trust and interest in investing in the company's bonds. amidst financial market conditions that are more volatile than usual At first the company I myself am not sure whether all bonds will be sold out or not. due to unfavorable market conditions Providing information to investors was done in the form of an e-Roadshow through a VDO Conference. However, this bond offering received a good response from investors. Investors have expressed their intention to invest more than 5 times the value of all bonds offered for sale. or nearly thirty billion baht and in some models the value is up to 11 times, reflecting the confidence of investors in the company's business, allowing the company to raise funds according to the financial structure management plan at an appropriate cost. And it is an additional option for raising funds to support business growth.
The company will use the proceeds from this bond issuance as working capital. To support business expansion and/or to repay loans from financial institutions as appropriate. One large institutional investor commented that There are not many bonds that received an "AA" rating during the COVID-19 crisis, so we are comfortable investing in SPI bonds that have always performed well. coupled with confidence in the new generation management team which provides complete information and has proven success continuously Since the acquisition and merger deals in the past 3-4 years, the management has always emphasized that they will not create excessive debt. This investment is therefore like a safe haven with low risk. Or investing in valuable assets such as gold, if they are different it is that the returns are certain and consistent. Finally, the company would like to encourage companies that have good operating results and are managed honestly. Turned to issuing bonds during this period To help bring liquidity to stimulate the domestic economy for circularity and sustainable development. The company is confident that With the strength of the Sahapat Group Cautious financial policy and a business plan that is careful, flexible, and adheres to good corporate governance.
The debentures were issued on June 25, 2020, with Bangkok Bank Public Company Email Data Limited and Bank of Ayudhya Public Company Limited acting as underwriters for the bonds this time. Mr. Wichai Kulsomphob, President of Saha Pathana Inter-Holding Public Company Limited, said that the company is very pleased and would like to thank all investors for their trust and interest in investing in the company's bonds. amidst financial market conditions that are more volatile than usual At first the company I myself am not sure whether all bonds will be sold out or not. due to unfavorable market conditions Providing information to investors was done in the form of an e-Roadshow through a VDO Conference. However, this bond offering received a good response from investors. Investors have expressed their intention to invest more than 5 times the value of all bonds offered for sale. or nearly thirty billion baht and in some models the value is up to 11 times, reflecting the confidence of investors in the company's business, allowing the company to raise funds according to the financial structure management plan at an appropriate cost. And it is an additional option for raising funds to support business growth.
The company will use the proceeds from this bond issuance as working capital. To support business expansion and/or to repay loans from financial institutions as appropriate. One large institutional investor commented that There are not many bonds that received an "AA" rating during the COVID-19 crisis, so we are comfortable investing in SPI bonds that have always performed well. coupled with confidence in the new generation management team which provides complete information and has proven success continuously Since the acquisition and merger deals in the past 3-4 years, the management has always emphasized that they will not create excessive debt. This investment is therefore like a safe haven with low risk. Or investing in valuable assets such as gold, if they are different it is that the returns are certain and consistent. Finally, the company would like to encourage companies that have good operating results and are managed honestly. Turned to issuing bonds during this period To help bring liquidity to stimulate the domestic economy for circularity and sustainable development. The company is confident that With the strength of the Sahapat Group Cautious financial policy and a business plan that is careful, flexible, and adheres to good corporate governance.