TPIPL to issue two bond series with 4-5 year tenors, coupons of 3.70-3.90%, subscription opens 1-3 September

InfoQuest··TH·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

TPI Polene Public Company Limited has filed a registration statement with the SEC to offer senior unsecured bonds, paying interest every three months, to retail and institutional investors. The proceeds will be used to repay debt from debt instrument issuance. The bonds are divided into two series: the first has a 4-year tenor, maturing in 2030, with a coupon of 3.70% per annum; the second has a 5-year tenor, maturing in 2031, with a coupon of 3.90% per annum. Subscription opens from 1 to 3 September 2026 through multiple arrangers, including CIMB Thai Bank, Asia Plus Securities, KGI Securities, and Krungthai XSpring Securities for retail and institutional investors. Retail investors can also subscribe through Krungsri Securities, Pai Securities, Globlex Securities, and others, with Bank of Ayudhya acting as bondholder representative. TRIS Rating assigned a corporate and bond rating of BBB on 22 July 2026.

Impact on assets 5

Financials▲
Energy Transition & Power Demand▲

Off-coverage companies 4

Krungsri Securities Public Company Limitedi
Private± Mixedrelevance

Krungthai XSpring Securities Public Company Limitedi
Private± Mixedrelevance

Pi Securities Public Company Limitedi
Private± Mixedrelevance

TRIS Rating Co., Ltd.i
Private± Mixedrelevance