Minor International Public Company Limited (MINT) continues expanding its business potential by inviting investors to join its family. On the first day offering of the new subordinated perpetual debentures No. 1/2023 (MINT23PA), the feedback was outstanding, reflecting investors’ trust in the Company’s position as one of the leaders of hospitality and leisure in the Asia-Pacific region, with more than 148 million customers in 63 countries over the past 50 years.
The Company builds success for all stakeholders through its business strategies that focus on constant product and service improvement.
Mr. Chaiyapat Paitoon, Chief Financial Officer of Minor International PCL (MINT), said that the feedback from the investors for the new subordinated perpetual debentures No. 1/2023 (MINT23PA) on the first day, February 7, 2023, was very positive as many investors have subscribed for the debentures. Based on this impressive sentiment, MINT is confident that the Company will achieve the target issue size. The interest from investors in MINT’s debentures this time reflects their trust and the Company’s strength in bouncing “Back to Growth”, and the Company is ready to welcome everyone who believes in this opportunity to join the journey of success together, under the concept of “Bond with Us”.
The subordinated perpetual debentures No. 1/2023 (MINT23PA), payable upon dissolution with the issuer’s right to early redemption and unconditional interest deferral, have the interest rate of 6.10% per annum for the first five years, payable every six months. The issuer has sole right to defer unconditionally interest and accumulated interest and the interest rate shall be adjusted every five years based on the five-year government bond yield. The debentures are offered to the general public during 7 – 9 February 2023 through 11 leading financial institutions across the country, including Bangkok Bank (call 1333 or subscribe via the Bualuang mBanking application), Krung Thai Bank (Tel. 02-111-1111), Bank of Ayudhya (call 1572), KASIKORNBANK (Tel. 02-888-8888 press 819), Siam Commercial Bank (Tel. 02-777-6784), CIMB Thai (Tel. 02-626-7777), Kiatnakin Phatra Securities Public Company Limited and Kiatnakin Phatra Bank which acts as a sales unit of Kiatnakin Phatra Securities (Tel. 02-165-5555), Thanachart Securities Public Company Limited (Tel. 02-779-9000), Maybank Securities (Thailand) Public Company Limited (Tel. 02-658-5050), Yuanta Securities (Thailand) (Tel. 02-009-8351-56), and Asia Plus Securities (Tel. 02-680-4004).
More information may be found in the draft prospectus, which can be downloaded at https://market.sec.or.th/public/ipos/IPOSDE01.aspx?TransID=484195&SD=0702256609022566
