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Sunday, May 12, 2024

CRC’s 1st bond issue a hit with investors

Central Retail Corporation (CRC) has received overwhelming demand for its first issuance of bonds worth 5 billion baht from investors, exceeding the initial target by almost three times.

The bond issuance provided an alternative for institutional investors and large-scale investors seeking strong and stable returns.

The country’s leading multi-category retailing platform plans to exercise a greenshoe option of 2 billion baht, bringing the total value of the bonds to 7 billion baht in order to serve strong demand.

The bond issuance comprises three types: a…

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