CPALL plan to offer 3 series of debentures to retail investors with indicative coupon [3.00 - 4.10]% p.a. and expected subscription period 11 and 14-15 June 2021

Friday 30 April 2021 13:55
"CP ALL", the management of 7-Eleven and the major shareholder of Siam Makro Public Company Limited, unveil the plan to issue and offer debentures to retail investors with 3 tenors, 5-year, 7-year, and 10-year, with indicative interest rates between [3.00 - 4.10]% per annum. The debentures are expected to be subscribed between 11 and 14-15 June 2021 through 10 leading financial institutions, namely Bangkok Bank, Bank of Ayudhya, Krung Thai Bank, KASIKORNBANK, Siam Commercial Bank, TMB Bank, CIMB Thai Bank, United Overseas Bank (Thai), Kiatnakin Phatra Securities, and Maybank Kim Eng Securities (Thailand). The debenture has rating of A + by TRIS Rating.
CPALL plan to offer 3 series of debentures to retail investors with indicative coupon [3.00 - 4.10]% p.a. and expected subscription period 11 and 14-15 June 2021

Mr. Kriengchai Boonpoapichart, Chief Financial Officer of CP All Public Company Limited, revealed that "CP All" is preparing to issue and offer unsubordinated, unsecured debentures with debentures holders' representatives, via Public Offering (PO), in 3 tranches with fixed coupon rate: 5-year tenor with an interest rate of [3.00]% per annum, 7-year tenor with an interest rate of [3.40-3.60]% per annum, and 10-year tenor with an interest rate of [3.90-4.10]% per annum. The Company expects to announce final fixed coupons to investors by mid-May. The expected subscription period is during 11 and 14-15 June 2021.

"This bond offering is a great opportunity for investors who are in search of good quality company with strong and sustainable performance in retail business. The credit rating of the debenture at "A+" by TRIS Rating reflects CPALL's leading position in Thailand's retail business.

Moreover, the Company has been proactive in adapting its service strategy, developed the forms, channels for customers' access to products and services via Online to Offline (O2O), including 7-Delivery and All Online, to keep up with changing consumer behavior. Further, the Company has appointed 10 leading financial institutions in Thailand to help arranging the transaction, ensuring ease access and broad distribution to investors" said Mr. Kriengchai,

CPALL's retail business is determined to provide products and convenient services to customers in every community through its convenience stores, under the "7-Eleven" brand. It aims to create good customer experience in accessing products and services. As at 31 December 2020, The Company has 12,432 store branches nationwide.

Mr. Kriengchai said that for COVID-19 epidemic situation and the volatile economic conditions, the Company is fully aware of the importance to adjust its management approach accordingly, and to ensure responsiveness to the crisis.

The Company took action, in response to the government measurement, by establishing prevention measures emphasizing on safety for all our customers and stakeholders, under CPALL's guiding principle, "Think creatively, build opportunity and share" and the Company's Environmental, Social and Governance framework, driving forward toward sustainability for the communities.

Additionally, for farmers and communities' partners, the Company assist our farmers partners in obtaining funding sources to alleviate liquidity problem and promoting market reach and other sales channels of the communities so that all parties can overcome this challenge together. For overseas investment, the Company has prepared for the opening of branches in Cambodia and Laos. The Company would continue the overseas expansion once the COVID-19 situation eased.

Investors can have confidence in the Company's operating performance and outlooks. CPALL not only is one of the largest market capitalizations listed companies in the Stock Exchange of Thailand, but the Company is also consistently committed to conducting its business with a sustainable development approach. This contributed to the Company's success in exceeding its targeted sustainability performance as a good organization in society. This has imbued pride and received recognition from both domestic institutions and various international agencies. The Company is the nomination as a leader in the DJSI World Index in category of Food & Staples Retailing Industry and admitted as a member of the Thailand Sustainability Investment (THSI) for 2 consecutive years, as well as admitted as a member of FTSE4Good Index in category of Food & Drug Retailers for 3 consecutive years. These awards reflected conducting CPALL's business with care about Environmental, Social, and Governance. Further, the Company has set a long-term sustainability goals by aiming to become the leader in plastic problems in Thailand or "Plastic Champion in 2030"

FinanceAsia, the leading and well recognized Asia Pacific magazine, providing in-depth coverage of corporate finance and capital markets transactions, recently announce the Asia's Best Company Award 2021 and Thailand Country Award for 6 categories, and CP All is immensely proud to be named winners in 3 categories - Best Managed Listed Company, Most Committed to Social Causes, and Best Investor Relations.

For retail investors interested in subscribing to CP All's debentures may find further information from the draft Prospectus

Or contact Call Center at the following financial institutions:

  • Bangkok Bank Public Company Limited Tel. 1333
  • Bank of Ayudhya Public Company Limited Tel. 1572
  • CIMB Thai Public Company Limited Tel. 02-626-7777
  • KASIKORNBANK Public Company Limited Tel. 02-888-8888 press 819
  • Krung Thai Bank Public Company Limited Tel. 02-111-1111
  • Kiatnakin Phatra Securities Public Company Limited (Including Kiatnakin Phatra Bank Public Company Limited) Tel. 02-165-5555
  • Maybank Kim Eng Securities (Thailand) Public Company Limited Tel. 02-658-5050
  • The Siam Commercial Bank Public Company Limited Tel. 02-777-6784
  • TMB Bank Public Company Limited Tel. 1558 press#9
  • United Overseas Bank (Thai) Public Company Limited Tel. 0-2343-4500

Source: MT Multimedia Company