Thoresen Thai Agencies Public Company Limited, or TTA, closed its offering of bonds worth a total of 1.7 billion baht in full, meeting its target in a remarkably short time. The bonds carry a term of 3 years, 2 months and 12 days, a fixed interest rate of 4.60 percent per year, with interest paid every three months, and they mature in December 2029. Chalermchai Mahagitsiri, President and Chief Executive Officer of TTA, said the response reflects that investors value the financial discipline the company has always maintained, and that this funding will help it smoothly manage maturing debt. The company will use the proceeds to repay bonds maturing on October 19, 2026, and to fund short-term working capital. The company and its bonds received a credit rating of BBB with a Stable outlook from TRIS Rating Company Limited on September 10, 2026.
Thoresen Thai Agencies Public Company LimitedTTA closed a full 1.7-billion-baht bond offering, funding debt repayment and working capital.
