IRPC prepares to offer 8 series of debentures and digital debentures with tenors of 3, 5, 7, and 10 years. [3.20 – 4.40]% Credit Rating of A-(tha) Debentures expected to be offered in May
IRPC Public Company Limited or IRPC prepares to issue and offer debentures this May. to general investors and institutional investors through 9 financial institutions The debentures have been rated A-(tha) by Fitch Ratings (Thailand), reflecting confidence and recognition as a company that creates innovation in the use of materials and energy. Aiming to strengthen the current business and moving forward to penetrate new businesses ready to create a balance in caring for the environment
Mr. Krit Imsang, Chief Executive Officer and President of IRPC Public Company Limited or IRPC, revealed that IRPC is preparing to issue and offer debentures and digital debentures. Unsubordinated, unsecured, and 8 series of debenture holders’ representatives for general investors. And institutional investors, consisting of debentures and digital debentures with a tenor of 3 years, interest rates [3.20 – 3.40]% p.a. Bonds and Digital Bonds 5-year interest rate [3.70 – 3.90]% p.a. Bonds and Digital Bonds, 7-year term, interest rate [4.00 – 4.20]% per annum and 10-year bonds and digital debentures, interest rates [4.20 – 4.40]% per annum. IRPC will announce the final interest rate in May. All debentures have interest payment every 6 months throughout the debenture life. and is expected to open for subscription on [26, 29-30] This May through 9 financial institutions, including Bangkok Bank. Bank of Ayudhya Krung Thai Bank Kasikorn Bank Siam Commercial Bank CIMB Thai Bank TMB Thanachart Bank, United Overseas Bank (Thai) and Kiatnakin Phatra Securities for digital bonds Offered for sale through the “Pao Tang” application of Krung Thai Bank only.
In 2022, IRPC builds a solid foundation for doing business. By increasing the proportion of specialty products, high value (Specialty Product) by 22%, opening a factory, Innopolymed Co., Ltd. produces non-woven fabrics. for medical consumables 4 production capacity expansion projects, namely the PP Meltblown project with a capacity of 40,000 tons per year, which has the highest production capacity in the country; and a project to produce PP Spunbond plastic resin (PP Spunbond) 190,000 tons per year for medical and hygiene products. Project to produce PPR plastic resin (PPR: PP Random Copolymer Pipe) 80,000 tons per year to produce hot and cold water pipes without phthalates as the first in the region. and the project to produce HDPE 100 – RC (HDPE100 – RC) at 40,000 tons per year to produce industrial pipes that can last up to 100 years, reducing construction costs and duration. without opening the soil
In addition, the company has been successful in major maintenance of the refinery in the past 5 years to increase production efficiency. and environmental friendliness Supporting the Euro 5 refinery efficiency and diesel quality improvement project (Ultra Clean Fuel Project or UCF) that will begin commercial operation early next year. and joining hands with partners to expand current businesses and create new business Including the opening of an oil depot in Surat Thani Province ready to support the growth of the southern economy
Mr. Krit further said that in order to meet the needs of creating good things for the future, the company has set a goal to reduce greenhouse gas (GHG) emissions by 20% by 2030, carbon neutral goals in 2050 and greenhouse gas emissions. Net Zero Emissions by 2060
IRPC debentures are another good option for investors in this highly volatile and uncertain market as they provide stable returns and the Company has been rated A-(tha) with a negative outlook ( negative) and debentures received a credit rating of A-(tha) from Fitch Ratings (Thailand) Limited on March 16, 2023.
Interested investors will be able to conveniently subscribe for debentures through a variety of channels. Either through branches or online channels of the bond underwriters who provide services. In addition, an alternative in the form of digital bonds has been added. which investors can hold stocks through wallets Scripless Bond and can be traded in real time 24 hours a day through the “Pao Tang” application, where investors can immediately see the holding information on the “Wallet” and can make transactions. Buy/sell debentures in the secondary market via “Wallet”
For general investors interested in subscribing to IRPC debentures, they can subscribe for a minimum of 100,000 baht and a multiple of 100,000 baht via Bangkok Bank. Bank of Ayudhya Kasikorn Bank Siam Commercial Bank CIMB Thai Bank, TMB Bank, Thanachart Bank, UOB Bank and Kiatnakin Phatra Securities and for the subscription of digital bonds A minimum subscription of 1,000 baht and a multiplier of 1,000 baht can be made through the debenture trading wallet on Krungthai Bank’s ‘Pao Tang’ application only. By studying more details at www.sec.or.th And you can contact the underwriters as detailed below.
Bangkok Bank Public Company Limited Tel. 1333 or Bualuang mBanking
Bank of Ayudhya Public Company Limited Tel. 1572 or Krungsri Mobile Application (KMA)
Krung Thai Bank Public Company Limited Tel. 02-111-1111 by subscribing via Debenture Wallet. On the ‘Pao Tang’ application of Krung Thai Bank Public Company Limited only
Kasikorn Bank Public Company Limited, Tel. 02-888-8888, press 819. Individuals reserve online through (except foreign nationals) and juristic persons subscribe through head office and branches)
Siam Commercial Bank Public Company Limited Tel. 02-777-6784 or SCB Easy App
TMB Thanachart Bank Public Company Limited Tel. 1428 press #4
CIMB Thai Bank Public Company Limited Tel. 02-626-7777 or Mobile application – CIMB Thai Digital Banking
United Overseas Bank (Thai) Public Company Limited Tel. 02-285-1555
securities company Kiatnakin Phatra Public Company Limited (including Kiatnakin Phatra Bank Public Company Limited) as a sales agency) Tel. 02-165-5555 or Application DIME
