Tidlor Holdings Public Company Limited or Tidlor Holdings (SET: TIDLOR) continues to strengthen its financial position and diversify its funding sources. Most recently, the Group issued its first Yen-denominated debentures, with a total value of 16,500 million yen with a tenor of 3 years, to expand access to funding in international markets and increase flexibility in managing the Group’s capital structure.
The debentures are classified as guaranteed and unsubordinated instruments with a 3-year tenor, maturing in August 2029. They received a credit rating of “A-” from Japan Credit Rating Agency, Ltd. (JCR) and were offered to eligible institutional investors in Japan, receiving positive feedback from investors.
The successful entry into the Japanese capital market marks another significant milestone for Tidlor Holdings in expanding its funding base into overseas markets. This reflects the Group’s ability to access increasingly diverse capital sources and strengthens its capital structure to support business operations and long-term growth.
Prior to this, Tidlor Holdings achieved success in offering debentures in Thailand worth 3,500 million baht, which received strong support from institutional investors with subscriptions exceeding two times the offered amount. This reflects strong investor confidence in the Group’s business fundamentals and growth potential. The recent debenture issuances, both domestically and internationally, further underscore Tidlor Holdings’ capacity for prudent and diversified capital management.
Mrs. Athitaya Phoonwathu, Managing Director of Tidlor Holdings, stated, “Building strength and diversity in funding sources is a key component of prudent and sustainable business operations. Accessing the Japanese capital market this time adds options and flexibility to the Group’s capital management and reflects confidence in the business fundamentals and operational capabilities of Tidlor Holdings.”
“The Group remains focused on efficient capital structure management alongside prudent risk management to support quality and sustainable long-term growth. Managed by a professional management team with extensive expertise and experience, we are well-positioned to continue creating financial opportunities and promoting insurance accessibility for the Thai people.”
