GC is ready to offer subordinated hybrid debentures during December 4-12, with an interest rate of 5.25% per annum for the first 5 years and 6 months

PTT Global Chemical Public Company Limited or GC, a global leader in the petrochemical business and chemical flagship company under PTT Group, is ready to offer subordinated hybrid debentures with a fixed interest rate at 5.25% per annum for the first 5 years and 6 months. GC's credit rating is AA(tha) with a "Stable" outlook, and Fitch Ratings (Thailand) assigned the credit rating of the subordinated hybrid debentures at A+(tha) on November 28, 2024.

Mr. Titipong Julapornsiridi, Executive Vice President - Finance and Accounting of PTT Global Chemical Public Company Limited (GC), revealed that GC is ready to offer the subordinated hybrid debentures, which the issuer has the right to redeem early ("subordinated hybrid debentures"), with a fixed interest rate of 5.25% per annum for the first 5 years and 6 months after the Securities and Exchange Commission (SEC) approved the registration statement and draft prospectus. The subordinated hybrid debentures will be offered to the retail investors (Public Offering) during December 4-12, 2024, through 12 financial institutions. GC believes that this subordinated hybrid debentures will be a stable and valuable investment option during the end of this year for retail investors who have been awaiting bonds from PTT Group.

On November 28, 2024, Fitch Ratings (Thailand) assigned the credit rating of the subordinated hybrid debentures at A+(tha), reaffirming GC's strength and commitment to becoming a leading petrochemical company in Southeast Asia (Petrochemical Hub in Southeast Asia).

This subordinated hybrid debentures aims to enhance the flexibility and strength of the capital structure to support sustainable growth of GC in the future. The purpose of the subordinated hybrid debentures issuance is to repay existing loans, both domestic and international. This subordinated hybrid debentures will be accounted for 100% equity in accounting, similar to subordinated hybrid debentures offered by other companies. It is expected to receive 50% equity credit from the three global credit rating agencies: 1) Moody's Investors Service, 2) S&P Global Ratings, and 3) Fitch Ratings Inc., known as the "Big Three" in credit rating agencies.

Retail investors can subscribe with a minimum amount of 100,000 Baht and in a multiple of 100,000 Baht. The subscription period is during December 4-12, 2024. Those who are interested can peruse and review further details and the terms and conditions in the draft prospectus and inquire for more information at the following 12 arrangers:

• Bangkok Bank Public Company Limited, at all branches (except micro branches) or call 1333, or subscribe online via Bangkok Bank Mobile Banking.
• CIMB Thai Bank Public Company Limited, at all branches, or call 02-626-7777.
• KASIKORNBANK Public Company Limited, at all branches, call 02-888-8888 press 869, and at KASIKORN Securities Public Company Limited as a sales agent of KASIKORNBANK Public Company Limited.
• Kiatnakin Phatra Securities Public Company Limited, call 02-165-5555, or subscribe online via Dime! app and at Kiatnakin Phatra Bank Public Company Limited as a sales agent of Kiatnakin Phatra Securities Public Company Limited.
• Krung Thai Bank Public Company Limited, at all branches, or call 02-111-1111, or subscribe online via Money Connect by Krungthai in Krungthai NEXT application.
• The Siam Commercial Bank Public Company Limited, at all branches, or call 02-777-6784, or subscribe online via the SCB EASY App, and at InnovestX Securities Co., Ltd., as a sales agent of the Siam Commercial Bank Public Company Limited.
• Asia Plus Securities Company Limited, call 02-680-4004.
• Bank of Ayudhya Public Company Limited, at all branches, or call 1572.
• Krungthai XSpring Securities Company Limited, call 02-695-5000.
• Maybank Securities (Thailand) Public Company Limited, call 02-658-5050.
• TMBThanachart Bank Public Company Limited, at all branches, or call 1428, press #4 (booking is open only to High Net Worth investors), and at Thanachart Securities Public Company Limited as a sales agent of TMBThanachart Bank Public Company Limited.
• Yuanta Securities (Thailand) Co., Ltd., call 02-009-8351-56.

Note:

• The allocation of the debentures is at the discretion of the arrangers as deemed appropriate.
• Investments carry risks. Investors must carefully study and understand the product characteristics, the conditions of returns, and associated risks before making an investment decision.
• Additional details can be found in the registration statement and draft prospectus at www.sec.or.th.