PTT Global Chemical announces new 7-year and 10-year debenture issuances

PTT Global Chemical (PTTGC) has announced the issuance of two new series of debentures to manage capital structure and liquidity. The first series has a 7-year maturity with an interest rate of 2.65% per annum, while the second series has a 10-year maturity with an interest rate of 3.00% per annum.

The subscription period is scheduled from September 14 to 21, 2026, organized in three stages. The first stage prioritizes existing holders of the PTTGC296A bond series. The second stage is reserved for elderly investors to support stable retirement income options, and the final stage will be open to the general public.

Fitch Ratings (Thailand) assigned a credit rating of AA-(tha) to these debentures. The company intends to use the proceeds to replace cash reserves used for debt repayments, enhancing financial flexibility and supporting strategic growth in the petrochemical, specialty, and green and bio sectors.