“BJC” Overbooking Debentures by More Than 5 Times, Reinforcing Investor Confidence and Potential.

“BJC” Overbooking Debentures by More Than 5 Times, Reinforcing Investor Confidence and Potential.

Berli Jucker Public Company Limited or ‘BJC’, a leading Thai import-export, manufacturing, and service company, is currently preparing to offer debentures to institutional and high-net-worth investors. The debentures are divided into tranches with maturities of 2 years 11 months 29 days to 10 years, offering rate of return of 3.08% to 4.06% per annum with total value not exceeding 14,000 million baht. Notably, the debentures hold an ‘A’ credit rating with a ‘Stable’ outlook, as assessed by TRIS Rating Limited and will be open for subscription on May 31 and June 4-5, 2024.”

Mrs. Thapanee Techajareonvikul, Chief Executive Officer & President of Berli Jucker Public Company Limited disclosed that the company is preparing to issue and offer the debentures No. 1/2024. These are unsubordinated, unsecured debentures with a debenture holder representative, consisting of 5 series offered to institutional and high-net-worth investors: 2-year 11-month and 29-day tenor, zero coupon debentures, with a discount rate of 3.08% p.a., 3-year 9-month tenor, coupon debentures, with a coupon rate of 3.23% p.a., 5-year tenor, coupon debentures, with a coupon rate of 3.62% p.a., 7-year tenor, coupon debentures, with a coupon rate of 3.79% p.a., and 10-year tenor, coupon debentures, with a coupon rate of 4.06% p.a.. The debentures are offered through six leading financial institutions: Bangkok Bank, Krung Thai Bank, KASIKORNBANK, Siam Commercial Bank, United Overseas Bank (Thai), and Kiatnakin Phatra Securities Public Company Limited. The debentures hold an ‘A’ credit rating with a ‘Stable’ outlook, as assessed by TRIS Rating Limited and will be open for subscription on May 31 and June 4-5, 2024.

Recently, there has been overwhelming interest from institutional and savings cooperatives investors in the bookbuilding results, far exceeding the company’s target by more than 5 times. The initial target was set at not exceeding 9,000 million baht. As a result, the company has considered exercising the Greenshoe Option by offering additional debentures, not exceeding 5,000 million baht. This brings the total value of the debentures offered to no more than 14,000 million baht. This move reflects the confidence and trust investors have in the company, as well as the strong operational performance and market status of the corporate group.”
Mrs. Thapanee concluded, “On behalf of BJC, I extend heartfelt gratitude to all investors who have shown interest in our debentures and provided positive feedback regarding the preliminary results. With over 140 years of business experience in Thailand, BJC continues to lead, ensuring sustainable growth for both the company and Thai society. We appreciate the trust you have placed in us.