CPF (Thailand) Public Company Limited (CPFTH), is preparing to offer name-registered, unsubordinated, unsecured debentures with debenture holders’ representatives to institutional investors and high net worth investors in two tranches: a 6-year debenture with an annual coupon rate of 2.14 – 2.54% and a 12-year debenture with an annual coupon rate of 2.85 – 3.25%, with interest payments every six months.
The debentures receive a credit rating of “A” from TRIS Rating. Subscriptions are expected to open on October 17 and 20-21, 2025, via nine leading financial institutions. The company is confident there will be strong investor interest. The final interest rates will be announced later.
The bond arrangers believe that this CPFTH issuance offers an attractive investment opportunity for those seeking stable long-term returns, and anticipate positive response from investors looking for debt securities issued by stable, credible companies with strong growth potential. Notably, CPFTH’s debentures received a credit rating of “A” from TRIS Rating on April 18, 2025.
This reflects the strength of CPFTH and its strategic importance within the CP Foods (SET: CPF). Additionally, as agribusiness and food are fundamental to national food and economic security, CPFTH debentures are positioned as a solid choice for investors.
CPFTH is one of Thailand’s leading integrated livestock agribusiness and food companies, covering swine, broiler chicken, layer chicken, and duck, encompassing animal feed production, breeding, farming, primary processing, food processing, and ready-to-eat food products.
The company is committed to offering safe, high-quality meat and food products to consumers by employing modern, internationally recognized production processes, value creation for society, and efficient, environmentally friendly resource utilization.
For the fiscal year 2024, CPFTH achieved sales revenue of THB 156,693 million and net profit of THB 5,966 million, rebounding from a loss in 2023. The recovery was driven by improved market balance after an oversupply in 2023 and lower animal farming costs, thanks to more efficient farm management and better sourcing of raw materials.
High net worth investors interested in subscribing must apply for a minimum of THB 100,000 and in multiples of THB 100,000 thereafter. Subscription is expected to open between October 17 and 20-21, 2025.
Currently, CPFTH is in the process of filing the debenture offering registration statement and draft prospectus, which have yet to take effect. Investors can find more details on the debenture filing and draft prospectus at www.sec.or.th or contact the nine lead arrangers directly:
1) Bangkok Bank (except micro branches), Tel. 1333, or subscribe via the Bangkok Bank Mobile Banking App (for individual high net worth investors only)
2) Krungthai Bank, all branches, Tel. 02-111-1111, or subscribe online via Krungthai Next on Money Connect by Krungthai (for individual high net worth investors only)
3) Kasikornbank, all branches, Tel. 02-888-8888 ext. 869, or subscribe online at https://www.kasikornbank.com/kmyinvest (excluding foreign nationals, and juristic persons who must subscribe at the head office or branches). Kasikorn Securities also serves as a distribution agent.
4) Siam Commercial Bank, Tel. 02-777-6784, and InnovestX Securities as the bank’s selling agent.
5) CIMB Thai Bank, all branches, Tel. 02-626-7777, or via CIMB Thai Mobile Application.
6) United Overseas Bank (Thai) (UOB Thai), all branches, Tel. 02 285 1555
7) Yuanta Securities (Thailand), Tel. 02-009-8351-56
8) Asia Plus Securities, Tel. 02-680-4004
9) Krungthai XSpring Securities, Tel. 02-695-5555
