Bandhit Thamprajamchit, Chief Executive Officer and President of Thai Oil Public Company Limited (SET: TOP) has informed the Stock Exchange of Thailand regarding the reference made to Senior and Unsecured $600 million 30-year debentures with a fixed coupon rate of 5.375% p.a. due in 2048, which were issued by Thaioil Treasury Center Company Limited (TTC), a wholly owned subsidiary of Thai Oil, in November 2018 and fully guaranteed by the company
The company has informed that, TTC, as of the date of this announcement, has repurchased and cancelled a principal amount of $43 million of the Debentures from the secondary market. The aggregate principal amount of the Debentures outstanding due in 2048 was $557 million.
