SC Asset Corporation Public Company Limited, or SC, a leading real estate developer delivering "Living Solutions for Better Mornings," expresses gratitude to all investors who showed interest in purchasing bonds that exceeded the set target of 2.5 billion baht amidst the volatility in the Thai bond market since late 2023. This reinforces the company's strength and leadership in the Thai real estate market.

Mr. Atthapol Surasithipanthawat, Chief Corporate Support Officer, revealed that the company offered two bond series: a 2-year bond with an interest rate of 4.06% and a 3-year bond with an interest rate of 4.43%. These are registered bonds, non-subordinated, unsecured, and have a bondholder representative for institutional investors and/or major investors through Kasikorn Bank, CIMB Thai Bank, Thai Military Bank, and Kiatnakin Phatra Securities from January 16-18, 2024. The bonds received a credit rating of "BBB+" with a "Stable" outlook from TRIS Rating on December 15, 2023. The issuance attracted significant interest from institutional investors, with demand exceeding 1.5 times the allocated amount. Combined with strong interest from major investors, total investment demand surpassed the target of 2.5 billion baht. This strong response amidst the volatility in the private bond market demonstrates the company's robust position in the mid to high-end residential market and its continuous revenue growth.

Mr. Atthapol further stated, "We would like to thank institutional investors and all investors for their trust in investing in our bonds this time, as well as the financial institutions managing the bond distribution, including Kasikorn Bank, CIMB Thai Bank, Thai Military Bank, and Kiatnakin Phatra Securities, which played a crucial role in the successful bond offering. The company plans to use the proceeds from this bond issuance for the purposes previously stated, which include repaying maturing bonds and working capital to achieve the company's goal of sustainable growth moving forward."

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