Ms. Daranee Chattpiriyapan, Chief Executive Officer of L.P.N. Development Public Company Limited (LPN), announced that the company is preparing to issue a new series of bonds. These long-term bonds are registered to specific holders, non-subordinated, secured, and have a bondholder representative. The issuer has the right to redeem the bonds before maturity for general investors. The bonds will have a term of 2 years and 6 months, a fixed interest rate of 5.85% per annum, with interest payments every 3 months. The minimum subscription amount starts at 100,000 Baht, with increments of 100,000 Baht. Subscriptions will be open from August 5 to 7, 2025. The company and the bonds have been rated by TRIS Rating Co., Ltd. on June 6, 2025, at a level of 'BBB -' with a 'Stable' outlook, which is classified as Investment Grade. Additionally, the bonds are secured by assets valued at no less than 1.62 times the outstanding bond amount, consisting of land and buildings, vacant land, and commercial units located in Bangkok, Chonburi, Phetchaburi, Nonthaburi, Pathum Thani, and Samut Prakan, to repay debts to financial institutions by December 2025.

Interested members of the public can find more information about these bonds on the website of the Securities and Exchange Commission (SEC) at www.sec.or.th or inquire further from the bond distribution managers at the following 8 firms: