{"id":69750,"date":"2022-07-05T17:29:23","date_gmt":"2022-07-05T10:29:23","guid":{"rendered":"http:\/\/www.thestorythailand.com\/?p=69750"},"modified":"2022-07-05T17:29:26","modified_gmt":"2022-07-05T10:29:26","slug":"dtac-trinet-announces-bond-yield-of-3-01-4-46-per-annum","status":"publish","type":"post","link":"https:\/\/www.thestorythailand.com\/en\/dtac-trinet-announces-bond-yield-of-3-01-4-46-per-annum\/","title":{"rendered":"dtac TriNet announces bond yield of 3.01 \u2013 4.46% per annum"},"content":{"rendered":"\n

dtac TriNet Company Limited or DTN,\u00a0<\/strong>a wholly owned subsidiary of Total Access Communications Public Company Limited (dtac), a telecommunications service provider, set interest rates for new bonds at\u00a03.01 \u2013 4.46%\u00a0per annum. The bonds will be offered during 11 \u2013 12 and 14 July 2022 to institutional investors and\/or high net worth investors. The company has been rated “AA” with a “negative” outlook by TRIS Rating Co., Ltd. The bond underwriters are Bangkok Bank, Bank of Ayudhya and Kasikornbank.<\/p>\n\n\n\n

Nakul Sehgal, Chief Financial Officer of dtac,\u00a0<\/strong>shared, The company had submitted a filing to SEC at the beginning of June to seek approval to issue bonds, and has now set the interest rates as follows: the 1.5-year bond has an interest rate of 3.01% per annum, the 3-year bond has an interest of 3.50% per annum, the 5-year bond has as interest of 4.00% per annum, the 7-year bond has an interest of 4.20% per annum, and the 9-year bond has an interest rate of 4.46% per annum. Interest on the bonds will be paid every 6 months. The bonds have been given “AA” with a “negative” outlook by TRIS Rating Co., Ltd. on 1 June 2022.<\/p>\n\n\n\n

Nakul\u00a0also added, \u201cWe sincerely hope the bonds receive good feedbacks from investors as with the previous offerings. The bonds will be offered to high-net-worth investors at a minimum subscription value of 100,000 baht and in multiples of 100,000 baht during 11 \u2013 12 and 14 July 2022, through 3 leading banks, namely Bangkok Bank, Bank of Ayudhya, and Kasikornbank. Interested investors can make a\u00a0subscription\u00a0at any of the banks\u2019 branches or make a\u00a0subscription\u00a0through Kasikornbank’s online channel.\u201d<\/p>\n\n\n\n

Interested investors can learn more at www.sec.or.th<\/a> or contact the bond underwriters:<\/p>\n\n\n\n