Raimon Land Public Company Limited (RML) continues to demonstrate its financial management capabilities and commitment to debt repayment discipline, having repaid over 2.7 billion baht in bonds on schedule over the past two years. The company also announced an early redemption of bonds totaling over 140 million baht, reinforcing its liquidity and readiness to manage debt obligations. At the same time, RML is preparing to offer new bonds in up to 6 series with a maximum interest rate of 7.35% to support its business operations and future growth plans.

Mr. Varun Voravanich, Chief Financial Officer (CFO) of Raimon Land Public Company Limited (RML), stated that although the capital market and real estate sector continue to face ongoing challenges, the company has maintained effective financial discipline and has never defaulted on its debt obligations throughout its history.

“The repayment of over 2.7 billion baht in bonds over the past two years reflects our ability to manage liquidity and our commitment to building investor confidence. Meanwhile, the announcement of early redemption of bonds this time is another signal of the company’s financial readiness,” Mr. Varun said.

Recently, RML submitted a draft information statement and a draft prospectus to the Securities and Exchange Commission (SEC) to prepare for the offering of new bonds in up to 6 series, with a total value not exceeding 510 million baht. These bonds will have an average maturity of no more than 2 years and offer interest rates between 7.15% and 7.35% per annum, which is an attractive return compared to general debt securities in the current market. Additionally, it will provide greater flexibility for investors in managing their investment portfolios amid volatile market conditions.

Furthermore, the company continues to expand its portfolio of luxury and ultra-luxury projects, including the SLS Residences Phuket Kamala, as well as two new projects in prime Sukhumvit locations: a Branded Residence and a high-end hotel, along with a Design Hotel, with a total project value exceeding 20 billion baht. This is aimed at supporting the growth of the high-end real estate market and creating sustainable long-term growth.