By Marisa Wong
Morgantown, W.Va., July 6 – Oishi Group PCL issued 1 billion baht of 2.2% three-year debentures at par on Wednesday, according to a notice with the Stock Exchange of Thailand.
Krungthai Bank PCL is the underwriter.
The company obtained authorization in April 2012 to issue up to 3 billion baht of debentures and has since issued two tranches of debentures totaling 2 billion baht.
Proceeds from the latest tranche will be used to finance Oishi’s investment plans and for working capital.
The restaurant and bakery operator is based in Bangkok.
| Issuer: | Oishi Group PCL
|
| Issue: | Unsubordinated debentures
|
| Amount: | 1 billion baht
|
| Maturity: | July 6, 2019
|
| Underwriter: | Krungthai Bank PCL
|
| Coupon: | 2.2%
|
| Price: | Par of 1,000 baht
|
| Yield: | 2.2%
|
| Settlement date: | July 6
|
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