ข่าวแจ้งตลาดหลักทรัพย์

Loxley Plc (LOXLEY) reported the progress of its convertible debentures issuance in US dollar denomination. LOXLEY said it would issue the convertible debentures worth US$85-100 million at the face value of US$1,000 with a maturity of 10 years. The coupon rate is at 3.5%. The conversion price is Bt500 or 10.4% above the average price of LOXLEY shares over the preceding 30-day period. The debenture holders have the right to redeem at the end of the 5th year with an average yield of 8.7% a year. Meanwhile, the debenture issuer also reserve the right for redemption during the 4th-5th year in case that the share price is higher than the conversion price by no lower than 40% for 30 consequtive working days as follows: Percentage of the Face Value - In the 4th year 123 - In the 5th year 131 The offering period is during April 20-May 20, 1995. Translated by The Nation