“Sansiri” has announced the sale of a new series of bonds, specifically named, non-subordinated, unsecured bonds with a representative for bondholders. The bonds have a term of 2 years and 6 months with a fixed interest rate of 4.00% per annum, and a term of 4 years with a fixed interest rate of 4.50% per annum. The minimum subscription is only 1,000 Baht, with interest paid every 3 months throughout the bond's term. Tris Rating has rated the company's and the bonds' creditworthiness at “BBB+” with a “Stable” outlook, supported by 10 leading financial institutions that have joined forces as bond distribution managers to offer the bonds to the general public (both retail and institutional investors). Subscriptions will be open from June 1-2 and June 6.

Mr. Vicharn Viriyaputhit, Chief Financial Officer of Sansiri Public Company Limited (SIRI) stated that Sansiri has revealed the interest rates for the new bond series, which consists of Series 1 with a term of 2 years and 6 months at a fixed interest rate of 4.00% per annum, and Series 2 with a term of 4 years at a fixed interest rate of 4.50% per annum. These bonds will be distributed through 10 financial institutions, including Bangkok Bank, Krung Thai Bank, Kasikorn Bank, Siam Commercial Bank, CIMB Thai Bank, TMBThanachart Bank, Kiatnakin Phatra Securities, Asia Plus Securities, Krung Thai XSpring Securities, and Yuanta (Thailand) Securities. Both bond series will pay interest every 3 months throughout the bond's term, and will be offered to the general public with a minimum subscription of only 1,000 Baht, and increments of 1,000 Baht.

The purpose of raising funds through this bond issuance is to repay the unsecured bonds of Sansiri Public Company Limited, Series 3/2562, which is due for redemption in 2023, and the remaining funds will be used as working capital for operations. This year, Sansiri plans to launch 52 new projects worth over 75 billion Baht, aiming for sales of 55 billion Baht and total revenue of 40 billion Baht, including a target for net profit to hit an ALL-Time High, which would be the highest target ever in every aspect.

The 10 financial institutions managing the bond distribution have indicated that there has been a positive response to the Sansiri bonds, with many investors inquiring about subscription details before the offering period from June 1-2 and June 6. This interest stems from the variety of bond terms available, providing more options for investors divided into 2 series to choose from, offering satisfactory returns, along with a credit rating of BBB+ with a “Stable” outlook from Tris Rating on May 3, 2023, which greatly enhances investor confidence.

For investors interested in subscribing to the bonds, further details can be found at www.sec.or.th or by contacting the financial institutions managing the bond distribution as follows:

  • Bangkok Bank (except micro branches) Tel. 1333 (individuals can also subscribe online via Bualuang mBanking)
  • Krung Thai Bank (individuals can also subscribe online via the Krungthai Next application) Tel. 02-111-1111
  • Kasikorn Bank (individuals can subscribe online via www.kasikornbank.com/kmyinvest, except for foreign nationals and legal entities who can subscribe through the head office and branches) Tel. 02-888-8888 press 819
  • Siam Commercial Bank Tel. 02-777-6784 (individuals can also subscribe online via the SCB EASY app, including Invest X Co., Ltd. as a sales agent)
  • CIMB Thai Bank (individuals can also subscribe online via the Mobile Application - CIMB Thai Digital Banking) Tel. 02-626-7777
  • TMBThanachart Bank or Tel. 1428 press #4 (subscription is reserved for large investors only, and subscription conditions are as specified by the bank)
  • Kiatnakin Phatra Securities Public Company Limited (including Kiatnakin Phatra Bank Public Company Limited as a sales agent) Tel. 02-165-5555 or Application DIME
  • Asia Plus Securities Co., Ltd. Tel. 02-680-4004
  • Krung Thai XSpring Securities Co., Ltd. Tel. 02-695-5000
  • Yuanta (Thailand) Securities Co., Ltd. Tel. 02-009-8351-56

Warning: Investment carries risks. Investors should study and understand the nature of the product, the conditions of returns, and the risks before making investment decisions. Investors can find details in the information statement and draft prospectus at www.sec.or.th.

Note: Allocation is at the discretion of the bond distribution manager. The terms of distribution are as specified in the draft prospectus.