Mitihoon – PTTEP plans to issue new debentures in two currencies: Digital USD Debentures, marking Asia’s first fully digital USD-denominated debenture offering for retail investors via the Pao Tang application, and THB Debentures tailored for institutional and high-net-worth investors. The issuance aims to broaden investment opportunities in a company with strong and sustainable growth potential, underscored by the highest “AAA” credit rating from TRIS Rating. The debentures are expected to be offered by the second quarter of 2026.
Mrs. Chanamas Sasnanand, Executive Vice President, Finance and Accounting Group of PTT Exploration and Production Public Company Limited (PTTEP), stated that the issuance of both Digital USD and THB debentures offers investors an opportunity to participate in the company’s continued growth. As Thailand’s national exploration and production company, PTTEP remains committed to strengthening the country’s energy security while expanding its international investments to create sustainable long-term value for stakeholders.
The proceeds from the issuance will be utilized to refinance maturing debentures, fund business operations, and support future investment opportunities.The offering is a collaborative effort between PTTEP and Thailand’s leading financial institutions, including Krungthai Bank, Bank of Ayudhya, KASIKORNBANK, and Siam Commercial Bank.
Both debentures were assigned an “AAA” credit rating with “Stable” outlook by TRIS Rating on 16 March 2026. This rating represents the highest credit quality for domestic debt instruments, reflecting PTTEP’s strong financial position and sustainable growth. The debentures will be offered in two categories as follows:
1.Digital USD Debentures The 5-year digital USD debentures will be offered to retail investors. These are long-term, registered, unsubordinated, and unsecured digital debentures with a debenture holders’ representative. In partnership with Krungthai Bank, PTTEP will introduce Asia’s first fully digital USD-denominated debenture through the Pao Tang, a digital wallet, enabling investors to manage their portfolios 24/7 and conveniently diversify into foreign-currency debt instruments.The minimum subscription amount is USD 1,000, with additional subscriptions in increments of USD 1,000 and no maximum investment limit.
Krungthai Bank serves as the distributor through the Pao Tang application.Interested investors can find further details in the prospectus available on the SEC’s website at www.sec.or.th, or by contacting Krungthai Bank at 02-111-1111 or visiting www.krungthai.com
2.THB Debentures The THB debentures will be offered exclusively to institutional and high-net-worth investors (excluding retail investors). These long-term, registered, unsubordinated and unsecured debentures will be arranged by Bank of Ayudhya, KASIKORNBANK, and Siam Commercial Bank.
PTTEP expects the debenture subscription period to take place in the second quarter of 2026. The final interest rate, total offering size, and additional details will be announced at a later stage.
PTTEP is one of the companies with the largest market capitalization on the Stock Exchange of Thailand, with a market value of approximately THB 543,888 million, as of the end of February 2026. The company currently operates more than 50 petroleum exploration, development, and production projects across over 10 countries worldwide, safeguarding Thailand’s energy security while driving the company’s long-term growth. In addition, PTTEP is also actively studying clean and emerging energy solutions to develop new energy sources for the future.
Note: The debenture offering is currently subject to the filing of a registration statement and draft prospectus with the Office of the Securities and Exchange Commission (SEC), which have not yet become effective.
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