Mr. Veerasith Sinchareonkul, Chief Executive Officer of Sri Trang Agro-Industry Public Company Limited (STA), the world’s largest fully integrated natural rubber company and Thailand’s leading rubber glove producer, stated that the company recently conducted a roadshow for institutional investors to share detailed insights into STA’s operations and its upcoming bond issuance. The event received an enthusiastic response, reflecting strong confidence in STA’s business potential and future growth prospects as a leading player in an industry set for considerable growth.

STA is preparing to issue four tranches of bonds, with interest rates currently under review. Tranche 1, 2-years tenor, will be offered to institutional investors and high-net-worth investors (excluding retail individual investors). Tranche 2, 3-years tenor, Tranche 3, 5-years tenor, and Tranche 4, the tenor is to be determined, will be offered to the general public.

Both the company and the bonds have been assigned a credit rating of “A-” with a Stable Outlook by TRIS Rating Co., Ltd. as of November 25, 2024, reflecting STA's strong business fundamentals.

Investors interested in STA bonds, offering opportunities for consistent long-term returns, are encouraged to stay updated and plan their investment allocation. The expected subscription period is between January 31 and February 3-4, 2025. For general investors, the minimum subscription is THB 100,000, with subsequent multiples  of  THB 100,000 thereafter. For more information, please contact the lead arrangers: Krungthai Bank Public Company Limited and KASIKORNBANK Public Company Limited.