DTN issues bonds for 9,871 million baht as targeted

18 July 2022 – Mr. Nakul Sehgal, Chief Financial Officer of Total Access Communication Public Company Limited (dtac) revealed that the bond issuance of dtac TriNet Company Limited (DTN) No. 1/2022 offered on 11,12 and 14 July have met their target, reflecting confidence in DTN’s fundamentals from institutional investors, cooperative investors, and high net worth investors.

In this regard, DTN has offered 5 tranches of senior and unsecured bonds with bond holder representatives totaling 9,871 million baht, consisting of (i) a first tranche with a maturity of 1 year 6 months and a fixed interest rate of 3.01% per annum for 3,881.9 million baht, (ii) a second tranche with a maturity of 3 years and a fixed interest rate of 3.50% per annum for 2,301.5 million baht, (iii) a third tranche with maturity of 5 years and a fixed interest rate of 4.00% per annum for 1,557.3 million baht, (iv) a fourth tranche with a maturity of 7 years and a fixed interest rate of 4.20% per annum for 958.5 million baht, and (v) a fifth tranche with a maturity of 9 years and a fixed interest rate of 4.46% per annum for 1,171.8 million baht. Interest will be paid every 6 months, and the offering is made to institutional investors and/or high net worth investors. The offering of DTN’s bonds has been successful, receiving a good response from investors who have supported DTN’s fundraising.

DTN would like to thank all investors for their trust and interest in subscribing to DTN’s bonds, which reflects investor confidence in the company. DTN bonds are rated as a “AA” credit with a “negative” outlook by TRIS Rating Co., Ltd. We would also like to thank the three joint lead arrangers that have been key to this success; Bangkok Bank Public Company Limited, Bank of Ayudhya Public Compan Limited, and Kasikornbank Public Company Limited,” added Mr. Nakul Sehgal.