STA Successfully Issued Bonds of General Public, Raising THB 3,650 million, Reflecting Strong Investor Confidence Demonstrating trust in stability and growth potential as a leading global integrated natural rubber company. The company reaffirms its commitment to expanding its business in line with its strategic plan, driving sustainable growth.

Mr. Veerasith Sinchareonkul, Chief Executive Officer of Sri Trang Agro-Industry Public Company Limited (STA), one of the world’s largest fully integrated natural rubber companies and Thailand’s leading rubber glove manufacturer, announced the successful bond issuance for general public, which took place between January 31 and February 3-4, The offering included four tranches: a 3-year bond with an interest rate of 3.40% per annum, a 5-year bond at 3.70% per annum, an 8-year bond at 3.85% per annum, and a 10-year bond at 4.00% per annum, with interest payments scheduled every six months. The STA bonds received an overwhelmingly positive response from investors, enabling the company to achieve its target of 3,650 million baht in total.

“The company sincerely thanks investors for their trust in STA bonds, as well as the support from two joint lead arrangers, Krung Thai Bank Public Company Limited and KASIKORNBANK Public Company Limited for facilitating access to comprehensive information and investment channels. Their support has allowed the general public to participate in this offering, which has been assigned a credit rating of “A-” with a “Stable” outlook by TRIS Rating. Furthermore, the strong demand reflects investors’ confidence in the company’s growth potential as a global leader in the natural rubber industry. The success of this issuance reflects investors’ confidence in the company’s financial position and growth prospects. The company remains committed to executing its strategic expansion plans to drive long-term sustainable growth” said Mr. Veerasith Sinchareonkul, Chief Executive Officer of Sri Trang Agro-Industry Public Company Limited.

Sri Trang Agro-Industry Public Company Limited (STA) is a fully integrated natural rubber producer and distributor, operating across multiple countries along the full supply chain. The company’s upstream operations cover rubber plantation management in Thailand, while its midstream business includes the production and distribution of various natural rubber products, such as Technically Specified Rubber (TSR), Ribbed Smoked Sheets (RSS), and Concentrated Latex. Additionally, STA’s downstream operations involve the manufacturing and distribution of rubber gloves and finished products, such as high-pressure hydraulic hoses. Currently, the company operates a total of 43 factories worldwide, comprising 37 natural rubber processing plants and 6 rubber glove manufacturing facilities. The company also has several subsidiaries that support its core business operations, including research and development, information technology, innovation, and logistics. With a solid financial position and significant business growth, STA continues to strengthen its leadership in the global natural rubber industry.

The company remains committed to conducting business with a strong focus on sustainability and corporate governance. In recognition of these efforts, STA received the highest rating of “AAA” in the 2024 SET ESG Ratings under the Agro & Food Industry category by the Stock Exchange of Thailand for the second consecutive year. This also marks the 10^th year that the company has been recognized as a sustainable stock. Additionally, STA was honored with the "ANTI-CORRUPTION AWARDS 2024", reflecting its commitment to upholding corporate governance and ethical business practices. The company has also been a longstanding member of the Thai Private Sector Collective Action Against Corruption (CAC), reinforcing its dedication to integrity and transparency in business operations.