Indorama Ventures Public Company Limited successfully executed its maiden issuance of perpetual bonds with total amount of Baht 15,000 million in Bangkok. Though the original issue size was set to Baht 10,000 million, the demand from investors pushed it to Baht 15,000 million. The keen interest of Thai investors in perpetual bonds despite being a new financial product indicates investors’ confidence in company’s business and its financial stability. Pleased with the results of the transaction, Aloke Lohia, CEO of IVL said, “This issue further strengthens IVL’s capital structure, improves liquidity and flexibility towards deploying its strategy.”
