MEA to Issue 2 Billion Baht Green Bond with 1.84% Coupon, AAA Rating

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Summary · why it matters

The Metropolitan Electricity Authority is preparing to offer its first environmental conservation bond of 2026, with a total value not exceeding 2 billion baht. The bond has a 5-year maturity and a fixed coupon of 1.84% per annum, payable semi-annually. It will be offered exclusively to institutional investors from August 6 to 10, with Bank of Ayudhya acting as arranger and registrar. The bond has received the highest credit rating of AAA from TRIS Rating and is supported by an independent reviewer's opinion, with proceeds to be used for environmental conservation projects under the Green Finance Framework.

Impact on assets 1

Financials▲ · 1 stocks
Bank of Ayudhya PCL
BAY
▲ PositiveCapitalrelevance

Bank of Ayudhya acts as arranger and registrar for the green bond, generating fee income.

Off-coverage companies 2

Metropolitan Electricity AuthorityPrivate▲ Positive
Capitalrelevance

MEA issues a 2 billion baht green bond with a 1.84% coupon, raising funds for environmental projects.

TRIS Rating Co., Ltd.Private± Mixed
relevance