CP ALL Successfully Raises 15 Billion Baht Through Bond Issuance, Underscoring Strong Investor Confidence
CP ALL Public Company Limited, the operator of 7-Eleven and 7 Delivery stores and the major shareholder of CP Extra Public Company Limited, has announced the successful issuance and offering of two tranches of debentures—Series No. 1/2568 and No. 2/2568—raising a combined total of 15 billion baht. This significant achievement reflects strong investor confidence in CP ALL’s business fundamentals and its leadership role in Thailand’s retail industry.
The debentures were offered in two phases to different investor segments and received an enthusiastic response from a diverse investor base. These included holders of the maturing CPALL256B debentures, general retail investors, institutional investors, and cooperative groups. The success of this issuance further underscores the market’s trust in CP ALL’s solid financial standing and its long-term strategic direction.
The offering was structured as follows:
- Debenture No. 1/2568 was made available to existing holders of CPALL256B debentures and general investors. This tranche features a term of 4 years, 10 months, and 13 days, with a fixed annual interest rate of 2.90%.
- Debenture No. 2/2568 was designed for institutional and cooperative investors and is divided into three sets:
- Set 1 has a term of 4 years, 7 months, and 24 days, offering an interest rate of 2.34% per annum.
- Set 2 has a term of 6 years, 10 months, and 13 days, with a 2.60% annual interest rate.
- Set 3 carries the longest maturity at 10 years, 2 months, and 30 days, with an interest rate of 2.92% per annum.
The total funds raised from this bond issuance will be used primarily for two purposes: refinancing the existing CPALL256B debentures (a roll-over) and supporting the company’s ongoing operational needs, including working capital. This move not only ensures continued financial flexibility for CP ALL but also optimizes its capital structure for long-term growth.
Mr. Kriangchai Boonpho-apichart, Chief Financial Officer of CP ALL, expressed his gratitude for the positive investor reception. He highlighted that many existing bondholders exercised their rights to subscribe to the new No. 1/2568 debentures, demonstrating enduring trust in the company’s stability and growth trajectory. Additionally, Mr. Kriangchai noted that institutional and cooperative investors showed overwhelming demand for the No. 2/2568 debentures—approximately six times the total allocated amount—reflecting robust belief in CP ALL’s long-term business potential, both in retail and wholesale operations via its subsidiaries.
He further acknowledged the key role played by the six leading financial institutions serving as underwriters in this transaction. These banks include Bangkok Bank, Krung Thai Bank, Kasikorn Bank, Siam Commercial Bank, Bank of Ayudhya, and CIMB Thai Bank. Mr. Kriangchai extended his sincere thanks for their unwavering support and long-standing partnership in helping CP ALL reach this milestone.
CP ALL has long been recognized as a key player in Thailand’s modern trade and convenience store sector. With a network of more than 15,000 7-Eleven stores across the country, the company plays a vital role in supporting local communities and providing accessible products and services to millions of consumers. Mr. Kriangchai reiterated CP ALL’s commitment to continuing its investment in innovation and community-focused initiatives in line with the company’s long-term vision of improving quality of life and convenience for Thai society.
Representatives from the bond distribution teams also shared positive feedback on the outcome of the offering, stating that the bonds were sold out quickly and reached the full target amount of 15 billion baht. The debentures were assigned a credit rating of “AA-” with a “Stable” outlook, which helped strengthen investor interest. Given the current economic environment—characterized by high market volatility and declining interest rate trends—CP ALL’s bonds present an appealing opportunity for those seeking a secure, stable, and dependable investment option.
