IRPC Public Company Limited (IRPC) has announced the issuance of debentures to the public through six leading financial institutions. The debentures have been assigned a credit rating of “A-” with a “stable” outlook by TRIS Rating, underscoring the Company’s strong capability in integrated petroleum and petrochemical operations and its solid cash flow generation. These strengths support long-term business stability and sustainability while strengthening the strategic value of the PTT Group.
Terdkiat Prommool, Director and Chief Executive Officer of IRPC, stated:
“The Company will offer three tranches of senior unsecured debentures, with a bondholders’ representative, to the public. The tenors are 3 years, 5 years and 7 years. Interest will be paid every six months throughout the term of the debentures, with the interest rates to be announced later.”
The credit rating assigned on March 26, 2026, by Tris further underscores IRPC’s strategic importance within the PTT Group as a key subsidiary. The subscription period is expected to take place from June 15 to 17, 2026, via six financial institutions.
Amid global economic headwinds in 2026, both the global and regional economies continue to face challenges. Effective governance, strategic decision-making and strong financial discipline are essential to maintaining competitiveness and achieving sustainable growth.
In response, IRPC remains committed to strengthening its core capabilities, enhancing competitiveness and capturing emerging business opportunities. The Company continues to develop its core businesses—including petroleum, petrochemicals, port operations and property investment—alongside new business initiatives, under prudent and disciplined operational strategies.
Key measures include efficient capital management, portfolio optimisation, improvements in production efficiency and effective asset management of port and land resources. In addition, IRPC has established a Crisis War Room to closely monitor global developments and implement timely strategies. The Company has also launched a “Domestic First” campaign to mitigate risks from global market volatility and respond to domestic demand.
IRPC is also advancing its Performance Uplift initiative to enhance operational efficiency and productivity, strengthen competitiveness and expand its portfolio of high-value products. The Company continues to focus on value-added business expansion and strategic partnerships across the supply chain to enhance overall competitiveness.
IRPC has continued to receive both domestic and international recognition. It was included for the12th time in the Dow Jones Sustainability Indices (DJSI). The Company was Thailand’s first recipient of the SET Awards 2025 in the innovation category for PTFE/SAN Core-Shell and won the Thailand Energy Awards 2025 in the Digitalisation category. The Company earned its 17th consecutive recognition for corporate governance excellence and was named the first and only model organisation for human rights at the GOLD level for two consecutive years. These achievements reflect IRPC’s commitment to sustainable business growth, alongside positive social and environmental impact.
For general investors, the minimum subscription amount is 100,000 baht, with additional subscriptions in multiples of 100,000 baht. Subscriptions can be made via branches and online channels of the six appointed lead arrangers: Kasikornbank, Krung Thai Bank, Bank of Ayudhya, Siam Commercial Bank, TMBThanachart Bank and CIMB Thai Bank.
For further details, please visit www.sec.or.th or contact the lead arrangers.
Kasikornbank Public Company Limited
Tel. +66 2 888 8888 (press 869)
Individual investors may subscribe online via www.kasikornbank.com/kmyinvest (excluding foreign individuals and juristic persons, who must subscribe via branches or the head office). This includes Kasikorn Securities Public Company Limited as a selling agent.
Krung Thai Bank Public Company Limited
Tel. +66 2 111 1111
Online subscription is available via the Krungthai NEXT application through the Money Connect system for individual investors.
Bank of Ayudhya Public Company Limited
Tel. 1572
Online subscription is available via the krungsri application for individual investors.
Siam Commercial Bank Public Company Limited
Tel. +66 2 777 6784
Thai individual investors may subscribe via the SCB EASY application. This includes InnovestX Securities Company Limited as a selling agent.
TMBThanachart Bank Public Company Limited
Tel. 1428 (press #4)
This includes TTB Wealth Securities Public Company Limited as a selling agent.
CIMB Thai Bank Public Company Limited
Tel. +66 2 626 7777
Individual investors may subscribe via the CIMB THAI application.
The Company is currently filing the registration statement and draft prospectus with the Securities and Exchange Commission (SEC), which have not yet become effective.
Allocation of debentures is subject to the discretion of the lead arrangers. Terms and conditions will be as specified in the registration statement and draft prospectus.
Remarks: Investment involves risks. Investors should carefully study and understand the product characteristics, returns, and associated risks before making any investment decision. Further details are available in the registration statement and draft prospectus at www.sec.or.th
