{"id":31161,"date":"2026-06-22T10:44:46","date_gmt":"2026-06-22T03:44:46","guid":{"rendered":"https:\/\/www.true.th\/blog\/?p=31161"},"modified":"2026-06-22T10:44:46","modified_gmt":"2026-06-22T03:44:46","slug":"true-to-issue-new-debentures-rated-a-with-positive-outlook-featuring-fixed-coupon-rate-of-2-15-3-45-p-a-reinforcing-strong-financial-position-and","status":"publish","type":"post","link":"https:\/\/www.true.th\/blog\/en\/true-to-issue-new-debentures-rated-a-with-positive-outlook-featuring-fixed-coupon-rate-of-2-15-3-45-p-a-reinforcing-strong-financial-position-and\/","title":{"rendered":"True to Issue New Debentures Rated \u201cA+\u201d with \u201cPositive\u201d Outlook, Featuring Fixed Coupon Rate of [2.15 \u2013 3.45]% p.a., Reinforcing Strong Financial Position and Long-Term Growth Prospects Expected Retail Subscription Period: July 30 \u2013 31 and August 3, 2026"},"content":{"rendered":"

Bangkok June 22, 2026 \u2013 True Corporation Plc, Thailand\u2019s leading telecommunications and technology company is preparing to offer a new series of debentures to retail investors. The offering will consist of four tranches with maturities ranging from 3 to 10 years and fixed interest rates of [2.15 \u2013 3.45]% per annum, payable every six months. The debentures are designed for investors seeking short-,medium-, and long-term investment opportunities with a leading company that has strong business fundamentals and plays a critical role in developing Thailand\u2019s digital infrastructure. On June 17, 2026, TRIS Rating assigned both True\u2019s corporate credit rating and the new debentures an \u201cA+\u201d rating, while maintaining a \u201cPositive\u201d outlook. This reflects confidence in the company\u2019s market leadership, ability to generate consistent cash flow, and long-term growth potential. In addition, True was ranked among the Top 1% of the world\u2019s most sustainable companies for the 8th consecutive year in the S&P Global Sustainability Yearbook 2026, underscoring its commitment to financial strength, corporate responsibility, and sustainable growth. The subscription period is expected to be from July 30 \u2013 31 and August 3, 2026 through seven leading financial institutions namely; Bangkok Bank, KASIKORNBANK, Siam Commercial Bank, CIMB Thai Bank, UOB (Thai),\u00a0 Kiatnakin Phatra Securities and\u00a0Asia Plus Securities. Investors may also subscribe digitally via the TrueMoney Wallet application,<\/strong> with Bank of Ayudhya (Krungsri) acting as the debenture registrar and debenture holders\u2019 representative.<\/strong><\/p>\n

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Mr. Nakul Sehgal, Chief Financial Officer, <\/strong>True Corporation PCL <\/strong>said that \u201cTrue\u2019s first-quarter 2026 results continued to demonstrate strong growth momentum. The company reported a net profit of 6.6 billion baht, marking its 5th<\/sup> consecutive profitable quarter. EBITDA reached 28 billion baht, up 10.9% year-on-year, supported by growth in both mobile and broadband subscriber bases, alongside disciplined cost and expense management. As a result, our operational efficiency, profitability, and financial position have continued to strengthen.\u201d<\/p>\n

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The company also continues to invest in digital infrastructure to enhance network coverage, reliability, and capacity to accommodate future growth in data usage. At the same time, it is leveraging digital technologies and AI to improve operational efficiency, optimize network management, and enhance customer experience. These efforts, combined with strong business performance and strict financial discipline, demonstrate the company\u2019s ability to generate sustainable cash flow and reinforce its solid financial foundation for long-term growth.<\/p>\n

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The Company\u2019s credit rating and the debentures being offered in this issuance were assigned an \u201cA+\u201d rating with a \u201cPositive\u201d outlook by TRIS Rating Co., Ltd. on June 17, 2026. The rating reflects True\u2019s strong market leadership position in the telecommunications industry, supported by its nationwide network coverage, diverse spectrum portfolio, and trusted brand. It also takes into account the positive benefits arising from the amalgamation, which have enhanced operational efficiency and strengthened the Company\u2019s long-term growth potential.<\/p>\n

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The public offering includes four tranches of name-registered, unsubordinated, unsecured debentures with debentureholders\u2019 representatives. Fixed interest will be paid every 6 months. These debentures are suitable for short – to long-term investors, with a minimum subscription of 100,000 baht and in multiples of 100,000 baht. The expected subscription dates for general investors are July 30 \u2013 31 and August 3, 2026. The debentures include:<\/p>\n

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