Post by account_disabled on Jan 3, 2024 7:53:10 GMT 2
Polene Power Public Company Limited or TPIPP is preparing to offer bonds No. 1/2019 with an amount not exceeding 4,000 million baht, interest rate 3.50 percent per year, tenor 3 years 3 months, due for redemption in 2022, offering date 6 - 8 August, along with appointing CIMB Thai Bank as the underwriter for the bonds. By using the funds to raise money to improve the production efficiency of power plants. and invest in future projects The bond's credit rating has been rated at "BBB+" by TRIS Rating with a "Positive" credit outlook. Mr. Phakaphon Liopairattana Executive Vice President Accounting and Finance Department, TPI Polene Power Public Company Limited or TPIPP, a major operator of waste-to-energy power plants (RDF) and waste heat power plants in Thailand, has revealed that the company is preparing to offer bonds. No. 1/2019, due for redemption in 2022, value not exceeding 3,000 million baht and having additional bonds available for sale in the amount not exceeding 1,000 million baht. Total bonds offered for sale not exceeding 4,000 million baht.
The bonds have a term of 3 years and 3 months at the Country Email List rate Interest rate is 3.50% per annum. This bond offering will be offered to general investors and/or institutional investors. The minimum subscription amount is 100,000 baht and multiples of 100,000 baht at a time. This time the bonds were rated as creditworthy by TRIS Rating Company Limited on July 17, 2019 at the level of "BBB+" with a probability trend. Trust "Positive" The company has appointed CIMB Thai Bank Public Company Limited to be the underwriter of the bonds. "Issuing bonds this time To invest in improving the efficiency of the company's existing power plants. and use it to invest in future projects of the company and/or use it as working capital for the company's operations. to create long-term growth,” Mr. Phakapon said. TRIS Rating's credit rating at "BBB+" with a 'Positive' or 'Positive' outlook reflects the stability of cash flow generated from Carry out the company's electricity production business.
From having a power purchase agreement (Power Purchase Agreements - PPA) with the Electricity Generating Authority of Thailand (EGAT), as well as having a high profit margin from the adder of the electricity purchase price (Adder) and having costs Fuel that can compete with both waste fuel (Refuse-derived Fuel - RDF) and waste heat from the parent company's cement production. "Currently, the company's power plants It has a total installed capacity of 440 megawatts, with all plants already in commercial operation. In 2018 and in the first quarter of 2019, the company had net profits of 3,699 million baht and 983 million baht, respectively. Operations have continued to grow. and has always been stable," Mr. Phakapon said. About preecha binmanoch Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of templatesyard is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog.
The bonds have a term of 3 years and 3 months at the Country Email List rate Interest rate is 3.50% per annum. This bond offering will be offered to general investors and/or institutional investors. The minimum subscription amount is 100,000 baht and multiples of 100,000 baht at a time. This time the bonds were rated as creditworthy by TRIS Rating Company Limited on July 17, 2019 at the level of "BBB+" with a probability trend. Trust "Positive" The company has appointed CIMB Thai Bank Public Company Limited to be the underwriter of the bonds. "Issuing bonds this time To invest in improving the efficiency of the company's existing power plants. and use it to invest in future projects of the company and/or use it as working capital for the company's operations. to create long-term growth,” Mr. Phakapon said. TRIS Rating's credit rating at "BBB+" with a 'Positive' or 'Positive' outlook reflects the stability of cash flow generated from Carry out the company's electricity production business.
From having a power purchase agreement (Power Purchase Agreements - PPA) with the Electricity Generating Authority of Thailand (EGAT), as well as having a high profit margin from the adder of the electricity purchase price (Adder) and having costs Fuel that can compete with both waste fuel (Refuse-derived Fuel - RDF) and waste heat from the parent company's cement production. "Currently, the company's power plants It has a total installed capacity of 440 megawatts, with all plants already in commercial operation. In 2018 and in the first quarter of 2019, the company had net profits of 3,699 million baht and 983 million baht, respectively. Operations have continued to grow. and has always been stable," Mr. Phakapon said. About preecha binmanoch Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of templatesyard is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog.