Thai Union, which will use the funds to strengthen its financial structure and build a long-term financial foundation, said the success of the offering signalled that investors have confidence in the business capabilities and outlook for one of the world’s largest seafood companies. The debentures will offer an annual return of 5 percent for the first five years.
“I would like to thank both institutional and general investors for their support of this offering, and our financial institution partners for arranging the debentures,” said Thai Union CEO Thiraphong Chansiri. “These funds will be important not only in adding strength to our financial structure, but will also allow us to continue expanding our business as part of our strategy to build sustainable growth.”
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