SET Announcements

Issuing and Offering the Debenture of TTW

24 February 2009

- Translation -

No. TTW/0086/09

24 February 2009

Subject Notification of Issuance and Offering of Debentures

to President The Stock Exchange of Thailand

Thai Tap Water Supply Plc. ('the Company'), hereby informs you that the Company is in the process of issuing and offering Debentures of Thai Tap Water Supply Public Company Limited No. 1/2552 Tranche 1 Due B.E. 2555 ('Tranche 1') and Debentures of Thai Tap Water Supply Public Company Limited No. 1/2552 Tranche 2 Due B.E. 2557 ('Tranche 2') Debentures of Thai Tap Water Supply Public Company Limited No. 1/2552 Tranche 3 Due B.E. 2559 ('Tranche 3'), detailed as follows:

Issuer : Thai Tap Water Supply Public Company Limited
Type of Debentures : Unsubordinated and unsecured debentures in registered form with a debentureholders' representative
Tenor : Tranche 1, 3 years from the Issue Date
Tranche 2, 5 years from the Issue Date
Tranche 3, 7 years from the Issue Date
Issue Size : Tranche 1, 3,500,000 units
Tranche 2, 1,700,000 units
Tranche 3, 1,800,000 units
Total issue size must not exceed 7,000,000 units
Issuance Amount : Tranche 1, Value of Baht 3,500,000,000
Tranche 2, Value of Baht 1,700,000,000
Tranche 3, Value of Baht 1,800,000,000
Total issuance amount must not exceed Value of Baht 7,000,000,000
Par Value : Baht 1,000
Offering Price : Baht 1,000
Issue Date : February 26, 2009
Coupon Rate : Tranche 1, Fixed rate at 4.00% per annum until the maturity date
Tranche 2, Fixed rate at 4.75% per annum until the maturity date
Tranche 3, Fixed rate at 5.35% per annum until the maturity date
Issue Credit Rating : 'AA-' rated by TRIS Rating Company Limited

 

Currently, the Office of the Securities and Exchange Commission approve the Company to issue such debentures. Therefore, the Company will offer the Debentures to general investors and institutional investors by opening for subscription during February 20-25, 2009.

Please be informed accordingly

 

Sincerely yours,

 

(Sompodh Sripoom)
Managing Director

 

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