BJC Bond Issue of 19.1 Billion Baht Oversubscribed 2.42 Times

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Summary · why it matters

BJC has successfully offered bonds to institutional and high-net-worth investors, with subscriptions exceeding the target by 2.42 times. As a result, the company increased the bond issuance value to 19.1 billion baht, up from the original target of 15 billion baht. The bonds have tenors ranging from 1 year 11 months 29 days to 6 years, with interest rates of 1.53% to 2.41% per annum, and are rated A with a Stable outlook by TRIS Rating. Mrs. Thapanee Techajareonvikul, Chief Executive Officer and Managing Director, stated that this bond issuance consists of 4 tranches of unsecured, non-subordinated bonds, offered through Bangkok Bank, Krungthai Bank, Kasikorn Bank, and UOB. The company also exercised the Greenshoe Option to add 4.1 billion baht to accommodate the unexpectedly high investment demand. This success reflects investors' confidence in the company's potential, which has been operating in Thailand for over 144 years.

Impact on assets 5

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Berli Jucker PCL
BJC
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BJC's bond issue was oversubscribed 2.42 times, leading to an increased issuance of 19.1 billion baht, reflecting strong investor confidence.

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