Tilleke & Gibbins assisted Thai AirAsia Company Limited in the issuance and offering of high-risk secured and callable debentures. The debentures are guaranteed by Asia Aviation Public Company Limited, the SET-listed parent company of Thai AirAsia.

With an offering size valued at THB 1.5 billion, the debentures were offered to institutional and high-net-worth investors. The issuance date of the debentures was October 18, 2024, with a maturity date set for April 18, 2027. The proceeds from the issuance will be utilized for Thai AirAsia’s business expansion and working capital.

Our team, led by Patcharaporn Pootranon, head of our capital market practice, with support from Veerakorn Samranweth, Passanan Suwannoi, and Pongnut Mengkred, provided comprehensive guidance throughout this transaction.

With our in-depth understanding of the market and strong relationships with regulatory bodies, we enable our clients to achieve the cash flow necessary to meet their investment goals. To learn more about our capital markets practice, click here.