Home ยป Preparing to Issue Convertible Bonds for Sustainable Growth: A First in the Thai Telecommunications Industry

Preparing to Issue Convertible Bonds for Sustainable Growth: A First in the Thai Telecommunications Industry

AIS is set to introduce the sale of ‘sustainable bond stocks’ for the first time in the Thai telecommunications industry. The stocks will be offered to the general public with a maturity of 4 years and 7 years. The booking is expected to open between November 8 and 11-12, 2567, with the credit rating of the bond stocks at “AAA(tha)” (trending towards negative credit) as per Fitch Ratings (Thailand) Ltd. on September 4, 2567.

These bond stocks have an interest payment schedule every 6 months throughout the bond’s maturity. General investors can reserve a minimum of 100,000 Baht and multiples of 100,000 Baht. Details of the interest rate will be provided once again by appointing 7 leading financial institutions as the managers for distributing the bond stocks, including Bangkok Bank, Kasikornbank, Krung Thai Bank, Thanachart Bank, Krungsri Ayudhya Bank, UOB, and Kiatnakin Phatra.

Mr. Montri Kongkreua Phanthu, the head of AIS’s financial management team, stated, “The issuance of sustainable bond stocks this time will enhance the strength and facilitate the sustainable growth of AIS’s business operations. The company is confident that the bond stocks offered this time will receive a positive response from general investors who wish to invest in one of the most stable companies in the country.”

For the first half of 2567, AIS recorded a revenue mainly from mobile services at 79,665 million Baht, marking an increase of 18% compared to the same period the previous year. The mobile phone service revenue increased by 4.0% from the previous year, indicating a robust growth in the high-speed internet business by 159%, with the addition of ARPU from the content sales strategy.

Meanwhile, the corporate and other customer service sector grew by 33% compared to the same period of the previous year, driven by the increasing demand for digital communication and cloud connectivity services.

EBITDA of AIS grew by 21% from the previous year, with a net profit of 17,028 million Baht in the first half of 2567, representing a growth of 22% compared to the same period the previous year, thanks to enhanced operational performance and profit sharing from 3BBIF.

Currently, the company is in the process of submitting a filing of debt securities offering documents and a draft invitation letter to the SEC, which is not yet in effect. Interested investors can reserve sustainable bond stocks of AIS by reviewing additional details from the offering documents at www.sec.or.th, or more information at https://investor-th.ais.co.th/news.html/id/2510115/group/sustainable_finance, or by contacting the 7 bond stock distributors.

TLDR: AIS is offering sustainable bond stocks to the public for the first time in the telecommunications industry, with a maturity of 4 and 7 years. Interested investors can book between November 8 and 11-12, 2567. With a credit rating of “AAA(tha),” the bond stocks aim to strengthen AIS’s business operations and attract general investors looking for stable investment opportunities in the country’s most reliable company.

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