Thailand: debentures worth THB 6 billion to be rolled out by TPI Polene

In a move to fund its investment projects and operation, Thailand-based cement producer TPI Polene will be raising THB 6 billion (€154.76/million US$ 182.51 million) through the placement of debentures. The debentures, to be offered in two tranches, will have a four-year maturity. Coupon rate of the second and first tranches stand at 5.20% and 4.85%, respectively.
January 12, 2015 Read time: 1 min

In a move to fund its investment projects and operation, Thailand-based cement producer TPI Polene will be raising THB 6 billion (€154.76/million US$ 182.51 million) through the placement of debentures.

The debentures, to be offered in two tranches, will have a four-year maturity. Coupon rate of the second and first tranches stand at 5.20% and 4.85%, respectively.

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