Krungsri jointly offers PTT green bonds, world’s first CBI-certified offering for financing forest conservation projects
17 July 2020
Mr.Poonsit Wongthawatchai, Head of Environmental, Social and Governance Division, and
Mr. Prakob Phiencharoen, Head of Global Corporate Banking Division, Bank of Ayudhya Public Company Limited participated in the press conference on the offering of PTT PCL’s green bonds for financing forest conservation projects. The issue size of the three-year bond carrying a coupon rate of 2.25% is at 2 billion baht. Krungsri has been appointed as one of the lead arrangers of the green bonds, the world’s first offering for financing forest conservation projects certified by the Climate Bonds Initiative (CBI).
Proceeds from the offering will be used to finance PTT’s forest conservation projects, including reforestation, and environment conservation, an initiative that is in line with Krungsri’s mission in social and environment development. Mr. Poonsit also shared his vision on business undertakings that take into account the impact on communities, society, and the environment, ensuring sustainable growth for all. Krungsri stands ready to support business development toward the low-carbon economy and society
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