KBank-BBL offer 5-billion-Baht Pruksa bonds in September

Mr. Suradech Kietthanakorn, far right, Investment Banking Business Head of KASIKORNBANK, and Mr. Surabhan Purnagupta, far left, Senior Vice President and Manager, Corporate Finance Department of Bangkok Bank, as joint-lead arrangers, and Mr. Thongma Vijitpongpun, center, Chairman of Executive Committee and Chief Executive Officer of Pruksa Real Estate Pcl., are launching a presentation on 5-billion-Baht unsecured debentures of Pruksa Real Estate Pcl. (PS) with 3-year and six months and 5-year tenor, and interest payable quarterly. Public offering will take place in late September 2012 via all branches of the two banks.

With the company’s leadership in the property sector and solid financial status, its rating affirmed at “A” and stable outlook by TRIS Rating, PS bonds are interesting alternative investment tool for institutional and individual investors.