{"id":26548,"date":"2025-07-25T13:49:01","date_gmt":"2025-07-25T06:49:01","guid":{"rendered":"https:\/\/trueblog.info\/blog\/?p=26548"},"modified":"2025-07-25T13:49:01","modified_gmt":"2025-07-25T06:49:01","slug":"debenture-11","status":"publish","type":"post","link":"https:\/\/www.true.th\/blog\/en\/debenture-11\/","title":{"rendered":"True Corporation Launches 4 Series of New Debenture with Coupon Rate at 3.20-3.70% per Annum; Subscription Period During July 31, August 1, and August 4"},"content":{"rendered":"

Bangkok, July 25, 2025 \u2013 <\/strong>True Corporation Plc, Thailand\u2019s leading telecom-tech company and ranked first in the world for DJSI Sustainability Index 2024 in the telecommunications industry for the seventh consecutive years, is offering new four tranches of debentures with maturities ranging from 4 to 10 years, and with fixed interest rates between 3.20 \u2013 3.70% per annum, payable semi-annually. The subscription period is expected to be during July 31st<\/sup>, August 1st<\/sup>, and August 4th<\/sup>, 2025, through seven leading financial institutions: Bangkok Bank, KASIKORNBANK, Siam Commercial Bank, CIMB Thai Bank, United Overseas Bank (Thai), Kiatnakin Phatra Securities, and Asia Plus Securities. Subscriptions can also be made via the TrueMoney Wallet app. The purpose of this debenture issuance is to repay its own maturing debentures and extend a loan to a subsidiary for the repayment of its maturing debentures.<\/p>\n

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Ms. Yupa Leewongcharoen, Chief Financial Officer (Co) of True Corporation Plc., <\/strong>stated, \u201cTrue\u2019s financial position remains solid and disciplined, supported by prudent cost management and consistently high-quality operations. In the latest quarter, the company reported a net profit of THB 1.6 billion and maintained a credit rating of \u2018A+\u2019 with a \u2018Stable\u2019 outlook from TRIS Rating. This affirms True\u2019s strong market position in mobile and broadband services, backed by nationwide coverage, an extensive spectrum portfolio, and a comprehensive digital ecosystem. With a trusted brand and a track record of financial stability, True\u2019s debentures present a reliable investment option for investors seeking steady, long-term value. Our continued focus on operational excellence and sustainable growth reinforces True\u2019s standing as a trusted investment choice.\u201d<\/p>\n

The Joint-Lead arrangers mentioned that \u201cThis is an opportunity\u00a0for investors who seek for stable long-term returns. Over the past year, the Bank of Thailand has steadily lowered its policy rates, with further reductions likely. Global interest rate trends also suggest a downward trajectory, making fixed-return debentures increasingly attractive. True\u2019s \u201cA+\u201d rated debentures with a stable outlook stand out as a compelling choice for those seeking both security and steady returns amid a declining interest rate environment.\u201d<\/p>\n

This debenture issuance includes four tranches with maturities ranging from 4 to 10 years, suitable for both medium- and long-term investors. Interest will be paid semi-annually throughout the term of debentures. Public subscription opens on July 31st<\/sup>, August 1st<\/sup>, and August 4th<\/sup>, 2025, with a minimum purchase of 100,000 baht and additional purchases in multiples of 100,000 baht. The company expects that the debentures will receive a positive response from investors, as they have in previous offerings.<\/p>\n

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The four debenture series are as follows:<\/strong><\/p>\n