Dr. Worawat Chinpinkyo, Chief Executive Officer and Managing Director of Thai Coconut Public Company Limited (SET: COCOCO), revealed that the company is preparing to issue and offer callable bonds, with interest payment every three months. These bonds are to be offered to institutional investors and/or high-net-worth investors.
The bonds are divided into two tranches: the first tranche has a tenor of two years and matures in 2028, with an expected interest rate ranging between 4.70 – 4.85% per year. The second tranche has a tenor of 3 years and matures in 2029, with an expected interest rate ranging between 4.85 – 5.05% per year.
The proceeds from this bond issuance are planned to be used for asset acquisition, investments, or expenditures related to the company’s current business operations. The subscription period is scheduled from April 27-29, 2026, through six designated securities companies: Asia Plus Securities, Bluebell Securities, UOB Kay Hian Securities (Thailand), Phillip Securities (Thailand) Public, Beyond Securities, and CGS International (Thailand).
This bond issuance is part of the company’s financial structuring, aimed at supporting long-term growth opportunities amid a continuously expanding industry trend.
For the 2026 business plan, the company is moving forward with its core strategy, focusing on revenue growth alongside enhanced operational efficiency. Additionally, the company is expanding its product portfolio to increase both domestic and international customer bases. The company also anticipates that its new plant in the Philippines, once completed, will become a key additional production source in the future.
Furthermore, COCOCO continues to develop coconut products and enhance production capacity to meet the global market demand. The company is aiming for sustained growth based on more efficient business operations.
