CP ALL prepares to issue 3 series of debentures for sale this February 2023. There are 3 series of debentures offered for sale: 4-year, 7-year and 12-year unsubordinated, unsecured and with a debenture holder’s representative. It has an interest rate of 2.95% – 4.35%, pays interest every 6 months, is expected to be offered for sale in February 2023.
Kriengchai Boonphophichat, CFO of CP All Public Company Limited, stated that CP All is preparing to offer 3 series of debentures as follows:
4 year model, interest rate 2.95%-3.10% per year
7 year model, interest rate 3.55%-3.75% per year
12-year model, interest rate 4.20%-4.35% per year
The 12-year debentures can be redeemed in full or in part when the debentures complete their 7th year, with all 3 debentures due to pay interest every 6 months. The offering is expected to be offered in February through 7 financial institutions as follows: Bangkok Bank Bank of Ayudhya Krung Thai Bank Kasikorn Bank Siam Commercial Bank CIMB Thai Bank and Kiatnakin Phatra Securities
The debentures were rated A+ by TRIS Rating Co., Ltd. on January 24, 2023 with stable outlook. CP All is the leading convenience store operator in Thailand and has also expanded into Cambodia and PDR. Laos, and the online platform has more than 14 million All Member members.
In addition, in the third quarter of 2022, 7-Eleven was still open for more than 13,000 branches and by 2023, another 700 branches are expected to open as standalone or large-scale single-store outlets. There is a parking space in front of the shop.
While expanding overseas branches, it is expected that 2023 will begin to see more 7-Eleven in Lao PDR, while Cambodia has opened more than 40 branches and is still preparing to expand continuously.
For those who are interested in investing in debentures of CP All Plc., the minimum subscription amount is 100,000 baht, multiples of 100,000 baht per time. www.sec.or.th or all 7 financial institutions as mentioned above
Source – CP ALL
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