RT Provides Information on the First Bond Offering of 2023 to Investment Advisors
Mr. Chawalit Thanonthin (center), Chief Executive Officer, along with Mr. Chaiya Wonglapapanit (right), Managing Director, and Mr. Pramez Mutchima (left), Assistant Managing Director of Accounting and Finance at Right Tunneling Public Company Limited (RT), presented information about the company's long-term bonds. This is the first offering of 2023, featuring registered bonds that are non-subordinated and unsecured, with a bondholder representative. There are two series: Series 1, maturing in 2026, allows the issuer to redeem the bonds before maturity, with a fixed interest rate of 7.25% per annum, paying interest every three months throughout the bond's term. Series 2, maturing in 2027, also allows early redemption by the issuer, with a fixed interest rate of 7.50% per annum, paying interest every three months during its term. The bonds are offered to institutional investors and/or large investors, with subscriptions expected from October 1-3, 2023, and the offering anticipated on October 4, 2023. This information was presented to investment advisors at the Right Tunneling Public Company Limited office recently.