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A5 Issues THB250 Million in High-Risk Debentures

MT Newswires10-22

A5 (SET:A5) issued 250 million baht in high-risk debentures due April 22, 2028, carrying a fixed annual interest rate of 7.2%, according to a filing with the Stock Exchange of Thailand on Thursday.

The 18-month unsecured debentures were offered to institutional and/or high-net-worth investors, with interest payable quarterly.

The company may redeem the notes early after six months.

Proceeds will be used to refinance existing 300 million baht debentures, due Feb. 8, 2027, it said.

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