Fixing interest rate for PS Bond # 1/ 2010 and Offering Period

BackJun 16, 2010

Por 21 / 2010

15 June 2010

Subject : Fixing interest rate for PS Bond # 1/ 2010 and Offering Period

TO : President Stock Exchange of Thailand

As Pruksa Real Estate Pcl. (PS) received Shareholders' approval in the sale and issuance of debt instrument under the Shelf Filing project from its 2009 Annual General Meeting of Shareholders' on 9 April 2009, the amount was set to not exceed Bt. 2,500 million, not exceeding 5 year tenor. The company would like to update as follows

The company has received the letter Dor.(Chor) 6 dated 17 May 2010 from the Securities and Exchange Commission (SEC). The authority approved filing to be effective from 17 May 2010.

Thus, the company wishes to show the Bonds' feature as follows

Issuer : Pruksa Real Estate Public Company Limited
Debenture's name : (A) Pruksa Real Estate Debenture Series #1 , # 1/2010 due in 2013
(B) Pruksa Real Estate Debenture Series #2 , # 1/2010 due in 2015
Type of Debenture : With name registered certificate, unsubordinated, unsecured with bond representative
Underwriter : Bangkok Bank , Kasikorn Bank , CIMB Thai Bank
   
Issue size & value : (A) Series #1 : not exceeding 1,500,000 units or Bt. 1,500 million
(B) Series #2 : not exceeding 1,000,000 units or Bt. 1,000 million
Par : Bt. 1,000
Selling Price, offering period : Bt. 1,000 with offering period from 21 - 23 June 2010
Redemption Price : Bt. 1,000
Tenor : (A) Series #1 : 3 years from issuance date
(B) Series #2 : 5 years from issuance date
Issuance Date : 24 June 2010
Redemption Date : (A) Series # 1 : 24 June 2013
: (B) Series # 2 : 24 June 2015
Collateral : None
Interest Rate (Series #1) : Fixed at 3 % P.A, paid quarterly
Interest Rate (Series #2) : Fixed at 3.75 % P.A, paid quarterly

The company will therefore report the result of sale to SET afterward.

Please be informed accordingly

 

……………………………
Mr. Somboon Wasinchutchawal
Chief Financial Officer

Investor Relations Department: ir@pruksa.com, Tel. 0 2298 0101 ext. 1863

Attachments

  • 2010-06-16_PS01_EN.pdf (Size: 94,174 bytes)