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Published on 3/17/2016 in the Prospect News Emerging Markets Daily.

New Issue: Thailand’s WHA issues 200 million baht 3.7% two-year debentures

By Marisa Wong

Morgantown, W.Va., March 17 – WHA Corp. PCL said it issued 200 million baht of 3.7% debentures on Thursday.

The two-year debentures were priced at par.

Siam Commercial Bank PCL and United Overseas Bank (Thai) PCL were the underwriters.

Shareholders had approved the issuance of up to 7 billion baht of debentures at the annual general meeting for 2015. This is the fifth tranche under the approved debentures. The company had previously issued four tranches totaling 3.2 billion baht.

The distribution center and factory developer is based in Muang Samutprakarn, Thailand.

Issuer:WHA Corp. PCL
Issue:Debentures
Amount:200 million baht
Maturity:March 19, 2018
Coupon:3.7%
Price:Par
Yield:3.7%
Underwriters:Siam Commercial Bank PCL and United Overseas Bank (Thai) PCL
Settlement date:March 17

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