By Marisa Wong
Madison, Wis., May 29 - WHA Corp. PCL said it issued 1.81 billion Thai baht of debentures in two tranches on Thursday.
The company priced 700 million baht of tranche 1 debentures due 2017 and 1.11 billion baht of tranche 2 debentures due 2019 at par.
The three-year debentures have a fixed coupon of 3¾%, and the five-year debentures have a fixed coupon of 4.42%.
Siam Commercial Bank PCL and Kasikorn Bank PCL were the underwriters.
Shareholders had approved the issuance of up to 4 billion baht of debentures at the annual general meeting for 2014.
The distribution center and factory developer is based in Muang Samutprakarn, Thailand.
| Issuer: | WHA Corp. PCL
|
| Issue: | Debentures
|
| Amount: | 1.81 billion baht
|
| Underwriters: | Siam Commercial Bank PCL and Kasikorn Bank PCL
|
| Settlement date: | May 29
|
|
|
| Tranche 1
|
| Amount: | 700 million
|
| Maturity: | May 29, 2017
|
| Coupon: | 3¾%
|
| Price: | Par
|
| Yield: | 3¾%
|
|
|
| Tranche 2
|
| Amount: | 1.11 billion
|
| Maturity: | May 29, 2019
|
| Coupon: | 4.42%
|
| Price: | Par
|
| Yield: | 4.42%
|
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