AEON Thana Sinsap issues Bt3 bn in debentures

Corporate December 29, 2017 01:00

By The Nation

AEON Thana Sinsap (Thailand) (AEONTS) has issued its largest dual-tranche debenture issuance, of Bt3 billion, to institutional and high-net-worth investors. 



By tranche, the issue sizes for the three- and five-year debentures are Bt2 billion and Bt1 billion.

 Due to a strong order book with an over subscription of 4.17 times, the total issue size was increased from an initial target of Bt2 billion to Bt3 billion in order to accommodate excess demand from investors. The demand was led by orders from several big-ticket investors following the one-on-one meetings that had proven to be very well-received, the company said.