3BB set to issue first debenture - News Summed Up

3BB set to issue first debenture


3BB set to issue first debentureTriple T Broadband Plc (3BB) says it will issue a secured long-term three-year debenture at a fixed interest rate of 6.25% per annum and pay interest every three months until maturity. This is the first time the company has issued debentures and they will be offered to institutional investors and high net worth investors. The company delegates authority to four financial institutions: KTBST Holding, Phillip Securities (Thailand), AIRA Securities and ASL Securities Co to determine details in relation to the issuance and offering the debenture. The debenture is expected to be offered between Sept 27-29 this year. As of the second quarter of this year, 3BB has a total of 3.75 million internet subscribers.


Source: Bangkok Post August 31, 2021 23:48 UTC



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