TIDLOR bonds sold out! used Greenshoe to support the over-subscription amount, completing the issuance of 5 billion baht
TIDLOR bonds sold out! used Greenshoe to support the over-subscription amount, completing the issuance of 5 billion baht

TIDLOR bonds sold out! used Greenshoe to support the over-subscription amount, completing the issuance of 5 billion baht

Ngern Tid Lor Public Company Limited (TIDLOR) was extremely pleased! The three tranches of bonds, with a total offering amount of 4 billion baht, received excellent responses from institutional investors, high net worth investors, and retail investors. Following the offering on 24 and 27-28 November 2023, the bonds were sold out quickly with oversubscription demand, leading the company to consider allocating an over-allotment option (Greenshoe) worth of 1 billion baht to accommodate additional demand from investors. TIDLOR has completed the total issuance value of 5 billion baht, reflecting the confidence investors have in the company's business potential, sustainable growth opportunities, and strong financial structure as well as the ability to control NPL and Credit Cost in line with the target set. On this occasion, 'Mr. Piyasak Ukritnukun,' the managing director of TIDLOR, is confident in the growth of loan portfolio and the insurance brokerage business this year, meeting targets and ready to aggressively expand the business. The Bank of Ayudhya, as a major shareholder, and other investors will certainly not be disappointed!!! Investors and those interested can follow news and information about TIDLOR on the website. www.tidlorinvestor.com

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