PTTGC offers two tranches of bonds at 2.65-3% interest, worth up to 17 billion baht

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Summary · why it matters

PTT Global Chemical Public Company Limited, or GC, is offering unsubordinated, unsecured bonds with a debenture holders' representative to the general public, divided into two tranches: a 7-year tranche at 2.65% per year and a 10-year tranche at 3.00% per year. Subscription opens in three periods between 14 and 21 September 2026. The bonds have been rated AA-(tha) by Fitch Ratings (Thailand) as of 20 July 2026. This offering plans to issue up to 17 billion baht in bonds to replace company cash that was advanced to repay debt. This year the company has total loan repayments of 24 billion baht. For its operating results in the first six months of 2026, GC had net profit of more than 15.4 billion baht and cash and cash equivalents of more than 54 billion baht. Subscription is divided into a first period between 14-15 September 2026 for holders of the PTTGC296A bonds, a second period between 16-17 September 2026 for the elderly, or those aged 60 and over in 2026, and a third period between 18 and 21 September 2026 for general retail investors, through six leading banks: Bangkok Bank, Krungthai Bank, Bank of Ayudhya, Kasikornbank, Siam Commercial Bank, and CIMB Thai Bank. The minimum subscription value is set at 100,000 baht, in multiples of 100,000 baht, with no limit on the subscription value for each investor.

PTT Global Chemical Public Company Limited ▲