CPF (Thailand) Public Company Limited or CPFTH, a subsidiary of Charoen Pokphand Foods Public Company Limited or CPF, is set to offer non-subordinated, unsecured bonds with a total value of up to 15 billion baht to institutional and large investors. The offering includes three series of bonds: a 6-year bond with an interest rate of 2.50% per annum, an 8-year bond with an interest rate of 3.18% per annum, and a 12-year bond with an interest rate of 3.70% per annum.

The bonds have been rated A+ by TRIS Rating, with Krung Thai Bank and Kasikorn Bank acting as the underwriters. The sale is expected to take place from September 20 to 22, 2021, marking the first time in Thailand that bonds are being offered entirely online or via recorded phone calls, with no in-branch purchases.

CPFTH is a leader in the agricultural industry and food sector in Thailand, committed to providing high-quality and safe meat and food products to consumers. The company employs modern production processes that meet international standards while creating shared value with the surrounding community and using resources efficiently to maintain a good environment.

Mr. Paisan Jirakijcharoen, Chief Financial Officer of CPF, stated that CPFTH's business has been continuously growing, focusing on production efficiency, marketing, and operational processes, as well as research and development to add value to products that meet consumer needs and behaviors. The company emphasizes the integration of digital technology, such as AI, big data, and automation systems, to enhance and connect management processes throughout the value chain, improving business efficiency and customer satisfaction while creating shared value with society. Due to the COVID-19 pandemic, the company has collaborated with Krung Thai Bank and Kasikorn Bank to offer this bond sale online for the safety of potential investors.

Mr. Rawin Boonyanusasan, Executive Vice President of Krung Thai Bank's Capital Markets Division, revealed that with the bank's experience and expertise, it has been entrusted by the company to implement the online securities subscription system “Money Connect by Krungthai” to support the bond offering for large investors for the first time. Large investors can subscribe and make payments entirely online, eliminating the need for in-branch purchases to reduce travel and risks associated with the COVID-19 outbreak. Bank customers can subscribe to the CPFTH bonds through the Money Connect online securities subscription system on the Krung Thai Next application or the website https://moneyconnect.krungthai.com, which is convenient, fast, and secure, allowing subscriptions anytime, anywhere, 24/7. The bank expects strong interest in CPFTH bonds due to the organization's strength and the business's growth potential in essential products, which are less affected by the economic slowdown.

Mr. Thiti Tantikulanan, Executive of Kasikorn Bank's Capital Markets Division, stated that Kasikorn Bank recognizes the importance and benefits of online channels for the CPFTH bond offering, which is being conducted entirely online and via recorded phone calls. Interested customers can subscribe to CPFTH bonds at the website www.kasikornbank.com/kmyinvest and make payments through K PLUS 24/7. Kasikorn Bank is confident that CPFTH bonds will attract significant interest from large investors and institutional investors, as it has in the past. In 2021, Kasikorn Bank became a leader in online securities subscriptions, with over 80% of individual investors subscribing through the K-My Invest website.

For investors seeking more information about the CPFTH bond offering, details can be found at www.sec.or.th or by contacting Krung Thai Bank at 02-111-1111 or Kasikorn Bank at 02-888-8888, press 819.