PTT – UOB Jointly Launches Sustainable Liquidity Management Project

Bangkok: Recently, Ms. Pattarada Sanga-sang, Chief Financial Officer of PTT Public Company Limited, together with Dr. Soraphol Tulayasathien, Deputy Managing Director of the Stock Exchange of Thailand, and Ms. Weera-anong Jiranakorn Pootrakool, Managing Director of Deputy CEO and Wholesale Banking, UOB (Thai), jointly launched the Sustainable Liquidity Management Project, reinforcing PTT's business vision to move towards sustainability through excellent financial management. PTT has made a short-term investment through UOB (Thai)'s Sustainable Liquidity Management Project, which is the first project to link an organization's liquidity management with ESG performance, using the SET's ESG Ratings as the main indicator. According to Thai News Agency, PTT is the first Thai company to join the project. The project will last for 1 year and 7 months, from 2025 to 2026. The total investment value is currently over 8 billion baht. In addition, PTT is preparing to issue and offer two types of debentures: 7-year and 3-year terms, with interest rates between 2.10-2.75% per year, this September. This is the first time in Thailand that the debentures are offered specifically to new-generation investors aged 20-45 years, with the hope of stimulating investment interest among the new generation to create an experience for those who are just starting to invest. PTT has designed the debentures with terms that are not too long and provide attractive returns for stable investment, aligning with the investment lifestyles of the new generation. For the 7-year debentures, PTT still gives the right to the existing debenture holders whose maturity date is to subscribe through six leading financial institutions. Both debentures have received a credit rating of AAA(tha) from Fitch Ratings (Thailand) Co., Ltd., which is the highest credit rating for debt instruments issued in Thailand.