(Translation)
Registration No. 0107537001757
No. Gor Bor. 07/041
6 October 2008
Subject : Domestic debenture issuance of Baht 7,000 million
To : President,
The Stock Exchange of Thailand
Pursuant to the 2005 Annual General Shareholders' Meeting of Thai Airways International Public Company Limited, held on 23 December 2005, approving the issuance and the offering of debentures in Baht and/or in other currency in the amount not exceeding Baht 60,000 million within 5 years, which in year 2007 the Company had issued Debentures in the amount of Baht 7,500 million, therefore, the rest of approved amount will be not exceeding Baht 52,500 million; on 13 August 2008 the Board of Directors Meeting had approved the Company to issue Baht debenture in the total amount of Baht 7,000 million.
The Company would like to inform that; on 2 October 2008 the Company had issued Debentures of Thai Airways International Public Company Limited No.1/2551 in the amount of Baht 7,000 million. The debentures were offered in 3 tranches, namely Debentures of Thai Airways International Public Company Limited No.1/2551 Series 1, due in 2010, Debentures of Thai Airways International Public Company Limited No.1/2551 Series 2, due in 2011 and Debentures of Thai Airways International Public Company Limited No.1/2551 Series 3, due in 2013. The debentures were offered to the general public and institutional investors. Details of the debentures are described in the attachment.
This matter is being reported for your information.
(Mrs. Ngamnit Sombutpibool)
Executive Vice President
Finance & Accounting Department
ATTACHMENT
Details of the debentures
w Issuer Thai Airways International Public Company Limited
w Type of debentures Unsubordinated and unsecured debentures with a debentureholders’
representative in the name-registered debenture certificate
w Issued Amount Total of Baht 7,000 million in 3 tranches
w Tenor of the debentures Series 1: 1.5-year tenor for the amount of Baht 3,455.29 million
Maturity Year 2010
Series 2: 3-year tenor for the amount of Baht 987.92 million
Maturity Year 2011
Series 3: 5-year tenor for the amount of Baht 2,556.79 million
Maturity Year 2013
w Repayment of principal Bullet repayment on maturity date
w Coupon rate Fixed rate
Series 1: 1.5-year tenor at 4.77% per annum
Series 2: 3-year tenor at 5.05% per annum
Series 3: 5-year tenor at 5.50% per annum
w Coupon payment date At every 2 April and 2 October until maturity date.
The first coupon payment date will be on 2 April 2009.
w Par value 1,000 Baht (One thousand Baht)
w Offering price 1,000 Baht (One thousand Baht)
w Subscription period 24 September – 1 October 2008
w Issue Date 2 October 2008
w Placement method Offer to general public and institutional investors
w Issue credit rating A+ by TRIS
w Lead Underwriters Bank of Ayudhya Public Company Limited
BankThai Public Company Limited
TISCO Securities Company Limited
TMB Bank Public Company Limited
Thanachart Securities Public Company Limited
BT Securities Company Limited
w Registrar TMB Bank Public Company Limited
w Debentureholders’ TMB Bank Public Company Limited
Representative
