TTA sells 1.7 billion baht of bonds, fully subscribed at 4.60% interest

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Thoresen Thai Agencies Public Company Limited, or TTA, successfully offered and sold a total of 1.7 billion baht in bonds, fully subscribed in line with its target. Chalermchai Mahagitsiri, President and Chief Executive Officer, said the response reflects investor confidence in the company's business fundamentals and financial discipline. The bonds carry a term of 3 years, 2 months and 12 days, a fixed interest rate of 4.60% per annum, with interest paid every three months, and mature in December 2029. The company plans to use the proceeds to repay bonds maturing on 19 October 2026, as well as for short-term working capital, as part of its financial structure management. TTA and its bonds also received a credit rating of BBB with a Stable outlook from TRIS Rating Company Limited on 10 September 2026.

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