Trade Nivesh Union It


The debentures were rated A-/Stable by TRIS Rating, while Thai Union was rated A+ with a stable outlook.



Separately, Thai Union Group also succeeded in issuing THB 6 billion worth of senior unsecured debentures to institutional investors on 6 November. The debentures were offered in two tranches – 7-year, THB 2 billion bonds with an interest rate of 2.78 percent per annum and 10-year, THB 4 billion bonds with an annual interest rate of 3.00 percent. The average interest rate of the senior debentures is 2.93 percent per annum and the average tenor is nine years. More than 20 institutional investors participated in the book building process. The debentures received overwhelming demand and were oversubscribed by more than 3.5 times by institutional investors.

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