General Announcement::Cash Tender Offer

Issuer & Securities

Issuer/ Manager
GC TREASURY CENTER COMPANY LIMITED
Securities
GCTREA US$1B4.4%N320330A - US36830BAD73 - GYBB
GCTREA US$1B4.4%N320330R - US36830DAD30 - ELPB
GCTREA US$300M5.2%N520330A - US36830BAF22 - WA5B
GCTREA US$300M5.2%N520330R - US36830DAF87 - 92RB
GCTREA US$550M4.3%N510318A - US36830BAC90 - OFSB
GCTREA US$550M4.3%N510318R - US36830DAC56 - W4BB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
16-Apr-2024 11:25:42
Status
New
Announcement Sub Title
Cash Tender Offer
Announcement Reference
SG240416OTHRFPBB
Submitted By (Co./ Ind. Name)
Mr. Chakrid Nondakovit
Designation
Managing Director
Description (Please provide a detailed description of the event in the box below)
GC Treasury Center Company Limited, hereby announces three concurrent, but separate, offers to purchase for cash, upon the terms and subject to the conditions set forth in the Tender Offer Memorandum dated April 16, 2024, any and all of (i) the outstanding U.S.$1,000,000,000 4.40% Senior Unsecured Notes due 2032 (the 2032 Notes); (ii) the outstanding U.S.$550,000,000 4.30% Senior Unsecured Notes due 2051 (the 2051 Notes); and the outstanding U.S.$300,000,000 5.20% Senior Unsecured Notes due 2052 (the 2052 Notes), each issued by the Issuer and irrevocably and unconditionally guaranteed by PTT Global Chemical Public Company Limited.

The Issuer will accept Notes in the order of their respective Acceptance Priority Level (as defined), subject to the satisfaction of the Maximum Tender Condition (as defined) The Issuer's obligation to complete a Tender Offer with respect to a particular series of Notes is conditioned on the aggregate principal amount of the Notes validly tendered and not validly withdrawn in the Tender Offers (after taking into account Notes of each series accepted for purchase with a higher Acceptance Priority Level) not exceeding U.S.$700,000,000 (the Tender Offer Cap). The Tender Offer Cap may be increased or reduced at the Issuer's sole discretion, subject to applicable law and regulation.

Attachments

SGX Announcement dated April 16 2024 TO Launch.pdf
Total size =183K