True Offers 4–10 Year Bonds with Up to 3.50% Fixed Return Amid Falling Rates
True Corporation Launches 4 New Debentures Series Offering Fixed Coupon Rate of 2.80 to 3.50% per Annum for 4–10 Years, Providing a Stable Investment Opportunity Amid Declining Interest Rate Trends
• Interest paid semi-annually throughout the debentures term
• Expected subscription period for the general public: October 30th -31st and November 3rd, 2025
Bangkok, October 17, 2025 – True Corporation Public Company Limited (“the Company”),Thailand’s leading telecom-tech company and ranked No.1 worldwide in the DJSI Sustainability Index 2024 for the telecommunications industry for the seventh consecutive years, has announced the launch of four new debenture series for general investors. The debentures, rated “A+” with a “Stable” outlook by TRIS Rating, offer fixed annual coupon rates between 2.80-3.50%, payable semi-annually, with maturities ranging from 4 to 10 years. Subscriptions will open to the general public from October 30–31 and November 3, 2025, through seven leading financial institutions: Bangkok Bank, KASIKORNBANK, Siam Commercial Bank, CIMB Thai, UOB, Kiatnakin Phatra Securities, and Asia Plus Securities. Investors can also subscribe conveniently via the TrueMoney Wallet app. Bank of Ayudhya will act as the debenture registrar and holders’ representative.
Ms. Yupa Leewongcharoen, Chief Financial Officer (Co) of True Corporation Plc.,
said that the issuance reflects the company’s commitment to building long-term financial stability alongside sustainable and consistent growth. “This issuance is underpinned by True’s strong financial position and disciplined management. These four new debenture series, with maturities ranging from 4 to 10 years, offer investors reliable returns while providing an opportunity to lock in yields ahead of potential interest-rate declines. At the same time, investors will be able to participate in True’s long-term growth story as we continue to strengthen our leadership in telecommunications and digital innovation.”
This debentures offering is part of the company’s broader strategy to optimize its financial structure, reduce financing costs, and enhance flexibility for future expansion and innovation. True’s debentures are seen as a compelling investment opportunity, offering reliability, attractive returns, and strong growth potential as a leading telecommunications and technology company trusted by investors over time.
According to the joint lead arrangers, “Following the Monetary Policy Committee’s (MPC) decision on October 8, 2025, to maintain the policy rate at 1.50%, analysts anticipate the potential rate cuts later this year and into the next, as inflation remains lower than earlier projections. This environment makes it an ideal time for investors to secure long-term, high-quality debenturesoffering steady returns. With its A+ credit rating and stable outlook, True’s debentures stand out as an excellent choice for those seeking stable yields amid a declining interest rate outlook.”
The debentures under this issuance will be offered to the general public through a Public Offering comprising four tranches with maturities ranging from 4 to 10 years. The proceeds raised from the issuance will be utilized to refinance existing debts and extend loans to subsidiaries for early redemption of outstanding debentures. These are registered, senior unsecured, and non-subordinateddebentures, represented by a debenture holders’ representative, with interest payable every 6 months throughout the debenture term. The debentures are expected to be open for subscription from October 30–31 and November 3, 2025 with a minimum subscription amount of THB 100,000, and in multiples of THB 100,000 thereafter. The company expects this debenture issuance to be well received by investors, as with previous offerings. The details of the four debentures series are as follows:
• 1st Tranche: 4-year tenor with fixed coupon rate of 2.80% per annum
• 2nd Tranche: 5-year tenor with fixed coupon rate of 3.05% per annum
• 3rd Tranche: 7-year tenor with fixed coupon rate of 3.30% per annum
• 4th Tranche: 10-year tenor with fixed coupon rate of 3.50% per annum. Issuer has the right to redeem the debentures before the maturity date starting from the 5th year onwards
The company is currently in the process of submitting the registration statement and draft prospectus, which are not yet effective and are pending approval by the Securities and Exchange Commission (SEC). Investors can find more details about the debenture offering and draft prospectus at www.sec.or.th. For additional information, please contact the seven joint lead arrangers listed below:
• Bangkok Bank Public Company Limited, all branches (excluding Micro Branch), or call 1333, or book online via Bangkok Bank Mobile Banking.
• KASIKORNBANK Public Company Limited, all branches, call 02 888 8888 ext. 869 Retailinvestors can subscribe via online channel https://www.kasikornbank.com/kmyinvest, (non-residents can subscribe at head office and branches), including KASIKORN Securities Public Company Limited as the sales unit of KASIKORNBANK Public Company Limited.
• Siam Commercial Bank Public Company Limited., all branches, call 02 777 6784, or book online via SCB EASY app, including InnovestX Securities Co., Ltd. as an agent of Siam Commercial Bank Public Company Limited.
• CIMB Thai Bank Public Company Limited., all branches, call 02 626 7777, or book online via CIMB Thai app.
• United Overseas Bank (Thai) Public Company Limited, all branches, call 02 285 1555.
• Asia Plus Securities Co., Ltd., call 02 680 4004.
• Kiatnakin Phatra Securities Public Company Limited., call 02 165 5555, or book online via Dime! app, including Kiatnakin Phatra Bank Public Company Limited as an agent ofKiatnakin Phatra Securities Public Company Limited.
For those interested in subscribing via TrueMoney Wallet, details on the process and how to register for the TrueMoney Wallet application can be found at www.truemoney.com, or contact TrueMoneyat 1240 ext. 6 for assistance.
ข่าวที่เกี่ยวข้อง : ทรู ออกหุ้นกู้ 4–10 ปี ดอกเบี้ยสูงสุด 3.50% รับเทรนด์ดอกเบี้ยขาลง
