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Tuesday, May 14, 2024

True Corp. debentures received full subscriptions worth BT 25 billion after the True-DTAC merger 

True Corporation announced the success beyond target after issuing 4 tranches of its first debentures after the amalgamation with annual fixed interest rates between 3.35 and 4.50%.  Therefore, it has additionally offered greenshoe option worth 5 billion baht of the total offering of 25 billion baht, indicating strong confidence among investors on the increasing potential of the new telecom-tech leading company of Thailand that combined all the best from True and dtac.  

The amalgamation has increased the capabilities and business competitive edges in all aspects and ready for further sustainable growth.

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