Mr. Vicharn Viriyaputhit, Chief Executive Officer of the Finance Division at Sansiri Public Company Limited, announced that Sansiri Public Company Limited, or "SIRI", is preparing to issue a new series of bonds that are registered to specific holders, non-subordinated, unsecured, and with a representative for the bondholders, aimed at general investors. This initiative allows investors to easily access investments with a minimum subscription amount of only 1,000 baht, in increments of 1,000 baht. Nine leading financial institutions will act as managers for the bond distribution. The bonds will be divided into two series: Series 1 with a 3-year maturity and an interest rate of 3.60% per annum and Series 2 with a 4-year maturity and an interest rate of [3.80 – 3.90]% per annum, with interest payments made every three months throughout the bond's duration. The final interest rate for Series 2 will be announced later. Both the bonds and the company have received a credit rating of 'BBB+' with a 'Stable' outlook from TRIS Rating Company Limited as of August 29, 2023, gaining confidence from nine leading financial institutions collaborating as distribution managers. The bonds are expected to be offered between October 2 – 3 and 6, 2023.

“This bond issuance aligns with our financial planning to support robust business growth, enhance the flexibility of our capital structure, and replace the previous bond series. Additionally, it provides investment options and attractive returns for investors, which we believe will receive a high level of interest, just like in previous instances. This bond issuance will support the company's growth under key business plans for the second half of the year, such as advancing new project developments in high-potential locations, including Saransiri and Burasiri Chatuchak, as well as launching new condominiums in Bangkok, which are completed projects ready for transfer that are crucial for supporting sales and immediate revenue recognition, such as The Move Sukhumvit 107, D Condo Sense (Bangsaen), Flow by Sansiri, and The Base Urban Rama 9. Furthermore, new condominium projects for sale will help drive sales and increase backlog to support long-term revenue, such as Wallace House, Self by Sansiri, Wide Den by Sansiri, and The Move Bang Wa. We are also expanding the launch of new projects in key tourist destinations, particularly Phuket, where we will debut a luxury project for the first time, such as Setthasiri Koh Kaew Retreat, at the end of Q3. This bond issuance also meets the demand from investors looking for Investment Grade opportunities with attractive returns amid a declining interest rate environment,” Mr. Vicharn stated.

Investors interested in subscribing to the bonds can find more details at www.sec.or.th or contact the financial institutions managing the bond distribution:

  • Bangkok Bank Public Company Limited (except micro branches) Tel. 1333 (individuals can also subscribe online through the Bangkok Bank Mobile Banking app).
  • Krung Thai Bank Public Company Limited (individuals can also subscribe online through the Krungthai NEXT app) Tel. 02-111-1111.
  • KASIKORNBANK Public Company Limited (individuals can subscribe online through 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 869, including KASIKORN SECURITIES Public Company Limited as the sales agent for KASIKORNBANK Public Company Limited.
  • SCB Public Company Limited Tel. 02-777-6784 (individuals can also subscribe online through the SCB EASY app, including Innovest X Securities Company Limited as the sales agent for SCB Public Company Limited).
  • CIMB Thai Bank Public Company Limited (individuals can subscribe online through the CIMB Thai Mobile Application) Tel. 02-626-7777.
  • Krung Thai Xspring Securities Company Limited Tel. 02-695-5555.
  • Kiattana Kha Phat Securities Public Company Limited (individuals can subscribe online through the Dime! app) Tel. 02-165-5555, including Kiattana Kha Phat Bank Public Company Limited as the sales agent for Kiattana Kha Phat Securities Public Company Limited.
  • Asia Plus Securities Company Limited Tel. 02-680-4004.
  • Yuanta Securities (Thailand) Company Limited Tel. 02-009-8351-56.

Warning: Investing involves risks. Investors should study and understand the nature of the product, the terms 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: The company is in the process of submitting the information statement and draft prospectus to the SEC, which is not yet effective. The allocation will be according to the distribution manager's specifications. Details are subject to the terms set forth in the draft prospectus.