Post by habibkhan13 on Feb 16, 2024 23:31:39 GMT -7
CPF (Thailand) Public Company Limited or CPFTH is a subsidiary of which Charoen Pokphand Foods Public Company Limited or “CPF” holds 99.99% of shares, raising the interest rate on bonds at 3.15% - 4.15%, preparing to offer bonds to investors. Institutional investment and/or large investors Between 17-19 August 2020, with the bond's credit rating at A+ through Krung Thai Bank. Kasikorn Bank Siam Commercial Bank, Government Savings Bank, CIMB Bank (Thai), Thai Military Bank and Phatra Securities Company Mr. Paisan Jirakitcharoen, Chief Financial Officer of CPF, revealed that as CPFTH has prepared to issue and offer bonds to large investors and/or institutional investors, CPFTH has recently set the interest rates for all 5 series of bonds.
and as follows: 4 year 6 month bonds, interest rate approximately 3.15-3.20% per year, 7 year period Las Vegas Email List approximately 3.35-3.45% per year, 10 year period approximately 3.45-3.55% per year, 12 year period approximately 3.70-3.80% per year, and 15 year period Year approximately 4.00-4.15% per year. Interest is payable every 6 months. The exact interest rate will be determined again in early August. and is expected to be offered for sale between 17-19 August. The distributing bank expects that all 5 series of bonds that will be issued and offered for sale will likely receive a good response. Especially investors who want to invest in debt instruments issued by stable businesses. reliable There is opportunity and potential for growth. The food industry is one of them.
CPFTH is a strategically important company for CPF and has received an A+ bond rating, which reflects CPFTH's strength. TRIS Rating views that the economic situation is worsening due to the impact of the new strain of coronavirus or COVID-19. It has little impact on the company. Because the company's products are products that are necessary for daily life. TRIS Rating also has a view on the company's operating results in 2020 that it will benefit from lower animal feed raw material prices and increased demand for frozen food. CPFTH operates a fully integrated livestock business in Thailand. Consisting of main types of animals, including pigs, broilers, laying hens, and ducks, classified into 3 main businesses: 1. Animal feed business (Feed), including the production and distribution of animal feed. 2. Animal raising business (Farm), including animal breeding. Raising animals for commercial purposes Including basic meat processing and 3.
and as follows: 4 year 6 month bonds, interest rate approximately 3.15-3.20% per year, 7 year period Las Vegas Email List approximately 3.35-3.45% per year, 10 year period approximately 3.45-3.55% per year, 12 year period approximately 3.70-3.80% per year, and 15 year period Year approximately 4.00-4.15% per year. Interest is payable every 6 months. The exact interest rate will be determined again in early August. and is expected to be offered for sale between 17-19 August. The distributing bank expects that all 5 series of bonds that will be issued and offered for sale will likely receive a good response. Especially investors who want to invest in debt instruments issued by stable businesses. reliable There is opportunity and potential for growth. The food industry is one of them.
CPFTH is a strategically important company for CPF and has received an A+ bond rating, which reflects CPFTH's strength. TRIS Rating views that the economic situation is worsening due to the impact of the new strain of coronavirus or COVID-19. It has little impact on the company. Because the company's products are products that are necessary for daily life. TRIS Rating also has a view on the company's operating results in 2020 that it will benefit from lower animal feed raw material prices and increased demand for frozen food. CPFTH operates a fully integrated livestock business in Thailand. Consisting of main types of animals, including pigs, broilers, laying hens, and ducks, classified into 3 main businesses: 1. Animal feed business (Feed), including the production and distribution of animal feed. 2. Animal raising business (Farm), including animal breeding. Raising animals for commercial purposes Including basic meat processing and 3.