New Investment Opportunity, High Returns with Environmental Benefits CIMB Thai Opens Subscription for THB 2,000 Green Bond to Fund Green Projects

"This batch of green bonds offers high interest rates, with quarterly interest payments, which should appeal to investors looking for environmentally friendly investments. The funds raised will support green projects. Additionally, this green bond is a combination bond, being the first subordinated green bond counted as Tier 2 capital in Thailand."

Subordinated bonds counted as Tier 2 capital for commercial banks can absorb losses if the issuer cannot continue operations. These bonds can be written off (in whole or in part) if the authorities decide to provide financial assistance to the issuer, as detailed in the terms and conditions of the bond.

Currently, CIMB Thai has strong capital reserves, exceeding the Bank of Thailand's requirements. As of August 31, 2024, the bank's capital adequacy ratio was 18.8%, with Tier 1 capital at 15.0% and Tier 2 capital at 3.8%.

Additional Information, these long-term subordinated green bonds are registered, unsecured, and unguaranteed, with a bondholder representative. The issuer has the right to redeem the bonds early. The bonds have a risk level of 7, a company credit rating of "AA-(tha)" with a "Stable" outlook, and a bond credit rating of "A(tha)" by Fitch Ratings (Thailand) Ltd., announced on May 31, 2024.

For more information, call 02 626 7777 or visit www.cimbthai.com.

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