A whirlwind of intrigue and triumph enveloped the financial world as IRPC Public Company Limited sealed the scores on a high note with a whopping bond issuance of over 11 billion baht. This grand event not only shore up the company’s coffers but also reaffirmed the unwavering confidence investors have in IRPC’s enduring vision of innovation, sustainability, and operational resilience. At the helm of this financial orchestra was Mr. Phichin Aphiwantanaporn, the Senior Executive Vice President of Corporate Accounting & Finance, who orchestrated the symphony of success that was Bond Offering 1/2025.
Brimming with anticipation, the bond offering spanned six fascinating tranches—five tailored for the eager general public and one meticulously crafted for institutional investors. Conducted over a span of very strategic days from March 20 to 21 and culminating on March 24, 2025, the offering was met with open arms and brisk enthusiasm. Every single bond was swept up as planned, painting a vivid picture of the investors’ solid trust in IRPC’s promising voyage towards greater horizons.
The assorted bouquet of bonds came wrapped in five tranches of non-subordinated and unsecured bonds alongside a dash of digital innovation with a tranche of digital bonds. Here are the tantalizing tales of each bond:
- 2-year bonds: Enticing with a 3.34% per annum
- 4-year bonds: Beckoning with a 3.80% per annum
- 9-year bonds: Compelling at a 4.35% per annum
- 6-year bonds and digital bonds: Promising a 4.10% per annum
- 7-year bonds and digital bonds: Alluring with a 4.25% per annum
- 5-year digital bonds: Charming at a 3.95% per annum
Bridges to these investments were effortlessly crossed via IRPC’s head office, the sophisticated online platforms of trusted financial institutions, the ever-convenient ‘Paotang’ app, and a plethora of other bond management platforms that turned subscription into a seamless experience.
“A heartfelt shoutout of gratitude rolls out to all our treasured investors for casting their votes of trust in subscribing to IRPC bonds. This splendid feat shines a beacon on our robust fundamentals, which shine through our majestic A- credit rating with a steadfast ‘Stable’ outlook from TRIS Rating, affirmed on February 3, 2025,” declared Mr. Phichin Aphiwantanaporn, his voice resonating with gratitude and pride.
Thanks flowed generously to the galaxy of ten top-tier financial institutions that played celestial roles as underwriters: Bangkok Bank, Bank of Ayudhya, Kasikornbank, Siam Commercial Bank, CIMB Thai Bank, TMBThanachart Bank, UOB, GSB Bank, and Kiatnakin Phatra Securities. Their pivotal contributions were the stars aligning to make this enchanting financial saga a resounding success. IRPC’s latest triumph writes another chapter in its ever-evolving story of innovation and resilience, one that promises to unfurl exciting new pages in the future.
11 billion baht? That’s insane! IRPC must be doing something right to attract this level of investor confidence.
I agree, but I wonder if this is sustainable. How much of this investor confidence is rooted in real financial health versus clever marketing?
That’s a good point. The success could be a mix of both, but numbers don’t lie, right?
IRPC has a robust A- credit rating. That’s not just marketing; it’s a reflection of their solid performance and potential.
Sounds more like a PR stunt to me. The real question is, can they maintain this momentum?
If past performance is anything to go by, IRPC has been consistent. Though, economic conditions could skew things either way.
Long-term success depends on management and continued innovation. These factors seem strong for IRPC.
Investment in sustainability is the future. Glad to see IRPC leading this charge.
Exactly! Companies focusing on sustainable practices are more likely to succeed.
Their emphasis on sustainability is probably what drew in so many investors. More companies should follow this lead.
I’ve never trusted these big corporations. Sounds like a bubble.
The variety in bond offerings is impressive. It caters to different risk appetites, which is smart.
Yes, diversity in offerings is key to attracting a wider investor base.
But do you think retail investors really understand what they’re getting into?
That’s a valid concern. It’s crucial for investors to do proper research rather than just relying on name and reputation.
Digital bonds are the future. IRPC is smart to include them.
Absolutely! Digital bonds blend traditional finance with modern tech. Forward-thinking indeed!
Can anyone shed light on how this bond issue compares with others in the market?
This bond issuance is considerably large compared to the usual scale in Thailand. Most companies don’t reach such figures.
I hope they use the funds responsibly and not just for corporate greed.
They’ve stated investment towards sustainability as a key goal. Let’s hope they stick to it.
How come they’re offering digital and traditional bonds at similar rates? Digital should be higher, IMO.
Maybe it’s their way to promote digital uptake, or they see similar risks.
Are digital bonds trustworthy, though? How secure is that investment?
I believe this is a pivotal moment for bond markets in Asia. Could open new doors for other companies.
Wow, such a big success story. When will they do a bond offering again?
It might be a while, they’ll probably proceed based on market conditions and financial needs.
Marketing buzzwords aside, the numbers here are impressive. Anyone keeping track of IRPC’s stock?
The move towards more sustainable investments is refreshing in this era of climate crisis. Kudos to IRPC!
All these investors better not regret their choice if the market crashes!
Investing always comes with risks. Diversification and due diligence can help mitigate them.