Asia Aviation Public Company Limited (SET: AAV) has informed the Stock Exchange of Thailand that Thai AirAsia Company Limited (Thai AirAsia), a subsidiary of the Company holding 100 percent of shares, is in the process of issuing and offering High-Risk Secured and Callable Debentures by Guarantor of Thai AirAsia Company Limited No. 2/2568 Due B.E. 2571.
The debentures is an unsubordinated, secured and callable debentures with a debentureholders’ representative, and has a tenor of three years. The size of the debentures are within three million units, and was offered at THB 1,000 per unit, totaling at three billion baht. Thai AirAsia offered a debenture coupon rate of 5.50% per year, with BBB- stable credit rating.
Thai AirAsia has already submitted the registration statement and prospectus to the Office of the Securities and Exchange Commission, and such documents have become effective on 25th July 2025. Thai AirAsia will offer the Debentures to institution and high net worth investors and subscription date are from 1st,4th and 5th August 2025
