SC Asset Corporation Public Company Limited, "a leading property developer delivering Living Solutions for better mornings," 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 growth.

Mr. Atthapol Srisathiphanawat, Chief Corporate Support Officer, revealed 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, available for subscription from January 25 to 27, 2022. The offering garnered strong interest from institutional investors, as has been the case in previous offerings, with demand exceeding five times the initial offering amount of 1 billion baht. As a result, the company decided to utilize an additional 1 billion baht in bonds reserved for further issuance, bringing the total offering to 2 billion baht. Despite the financial market's volatility and news of rising interest rates in various countries, institutional investors responded positively. The company thanks all institutional investors for their trust in this bond issuance and acknowledges the financial institutions managing the bond distribution, including Kasikorn Bank, CIMB Thai Bank, and TMBThanachart Bank, which played a crucial role in the successful offering. The company plans to use the proceeds from this bond issuance to repay maturing bonds due in the first quarter of this year and as working capital for business operations, such as purchasing land for project development, aiming to become the top choice for single-family homes among homebuyers.

Mr. Atthapol further stated that SC currently utilizes funding sources from both loans from financial institutions and the issuance of debt instruments in the form of bonds and bills of exchange, averaging a 50:50 ratio. The company has received strong financial support from various financial institutions and investors who believe in its operations and stable financial position. The company still 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.