"BJC" achieves success in bond issuance with oversubscription exceeding 4 times

Mrs. Thapanee Techajareonvikul, Chief Executive Officer & President of Berli Jucker Public Company Limited disclosed that on September 5, 2024, the company issued 5 tranches of unsubordinated and unsecured debentures with a debentureholders' representative No. 2/2024 offered to institutional and high-net-worth investors, as follows:

3-year tenor, with a coupon rate of 2.93% p.a. and issue size of 3,000 million Baht,

4-year tenor, with a coupon rate of 3.15% p.a. and issue size of 6,000 million Baht,

5-year tenor, with a coupon rate of 3.33% p.a. and issue size of 2,000 million Baht,

7-year tenor, with a coupon rate of 3.55% p.a. and issue size of 1,000 million Baht,

10-year tenor, with a coupon rate of 3.77% p.a. and issue size of 1,000 million Baht.

The debentures were offered through four leading financial institutions: Bangkok Bank, Krung Thai Bank, KASIKORNBANK, and United Overseas Bank (Thai). This offering received overwhelming interest from investors, with total subscriptions exceeding the company's initial target by more than four times. Consequently, the company decided to increase the issue size from the initial target of 7,000 million baht to 13,000 million baht by exercising a greenshoe option of 6,000 million baht to accommodate the investors' demand. The success of this debenture offering underscores the investor's trust in the company's strong market position in its core business sectors as well as the diversity of products.

Mrs. Thapanee concluded, "On behalf of BJC, I would like to thank all the investors for their confidence in the company's potentials, which has been operating in Thailand for over 140 years. This debenture issuance has been a great success, with investors response exceeding expectations. BJC will continue to strive for stable business development and sustainable growth alongside Thai society, to be worthy of the trust that everyone has placed in us."

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