06/11/2020 | Press release | Distributed by Public on 06/10/2020 20:26
Tel. +66(0)25374868, +66(0) 2537 5843
10 June 2020
The Stock Exchange of Thailand
93 Ratchadapisek Road, Din Daeng
Subject: Notification of the issuance and offer to sell newly issued US$ denominated notes issued and offered entirely to offshore investors as part of a liability management exercise of the PTT Exploration and Production Public Company Limited group
Reference: Letter No. PTTEP 13061/00-12215/2019 dated 15 November 2019
Reference is made to the fact that PTT Exploration and Production Public Company Limited ('PTTEP') previously informed its plan for liability management exercise by repurchasing existing notes, issuing and offering for sale newly issued United States Dollar (US$) denominated notes entirely to offshore investors as per the details set out in the above referenced document.
PTTEP would like to inform you that, on 10 June 2020, PTTEP Treasury Center Company Limited ('PTTEP Treasury Center') issued and offered for sale US$ denominated senior notes, in an aggregate principal amount of US$ 500,000,000, the tenor of 7 years, with a fixed interest rate of 2.587 per annum, which will mature on 10 June 2027. The aforementioned notes will be listed on the Singapore Exchange Securities Trading Limited.
These new notes referred to above were issued under the US$ 3,000,000,000 Global Medium-Term Note Program. The net proceeds from the issuance of the notes will be used by PTTEP Treasury Center to lend-on to entities within PTTEP group for general corporate purposes.
Please be informed accordingly.
President and Chief Executive Officer
These materials do not constitute an offer of securities for sale in the United States or Thailand. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933 (as amended) and may not be offered or sold in the United States, except pursuant to an applicable exemption from the registration requirements. No public offering of securities is being made in the United States. No offering of any securities will be made to any person in Thailand. In addition, these materials are not an offer to purchase any securities in Thailand.