SC Asset Corporation Public Company Limited (SC)<\/span><\/strong> expresses gratitude to all investors for their interest in purchasing bonds that exceeded expectations, even amidst fluctuating interest rates. The company plans to use the funds raised to repay maturing bonds and as working capital for ongoing business growth.<\/span><\/p>

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            Mr. Atthapol Surasithiphanawat, Chief Support Officer <\/strong><\/span> disclosed that the company offered bonds for the first time in 2022, with a 3-year maturity and a fixed interest rate of 3.04% per annum. The subscription period was from January 25 to 27, 2022, and it received strong interest from institutional investors, as in previous offerings. Institutional investors expressed interest in purchasing more than five times the amount of bonds the company initially intended to offer, which was 1 billion baht, prompting the company to utilize an additional 1 billion baht in bonds reserved for further issuance, bringing the total offering to 2 billion baht.<\/p>

            Despite the volatility in the financial market and news of interest rate hikes in various countries, institutional investors responded very positively. The company thanks all institutional investors for their trust in investing in its bonds this time, as well as the financial institutions managing the bond distribution, including Kasikorn Bank, CIMB Thai Bank, and Thai Military Bank, which played a crucial role in the successful bond offering. The company plans to use the proceeds from this bond issuance to repay bonds maturing in the first quarter of this year and as working capital for business operations, such as purchasing land to develop projects in line with its goal of becoming the number one brand for single-family homes in the hearts of all homebuyers.<\/p>

              Currently, SC utilizes funding sources from both loans from financial institutions and the issuance of debt securities in the form of bonds and bills of exchange in an average ratio of 50:50. The company has received strong financial support from various financial institutions and investors who believe in its operations and stable financial position. The company also seeks to use funds to invest in land and develop new projects to support continuous growth. However, it must manage this alongside maintaining liquidity and an appropriate level of debt burden.<\/span><\/p>