SC Asset Corporation Public Company Limited (“SC”) <\/strong><\/span>is preparing to offer a new series of 3-year bonds <\/strong><\/span>to institutional investors and/or high-net-worth individuals, with subscriptions open from January 21 to 23, 2025. The company and the bonds have been rated "BBB+" with a "Stable" outlook by Tris Rating as of December 16, 2024, indicating an investment-grade status. The proceeds will be used to repay maturing bonds.<\/strong><\/span><\/p>

Mr. Atthapol Srisathiphanawat, Chief Corporate Support Officer, <\/strong><\/span>announced that the company is set to offer a new series of 3-year bonds to institutional investors and/or high-net-worth individuals at an interest rate of 4.20% per annum, with a minimum subscription of 100,000 baht and increments of 100,000 baht. The offering will take place from January 21 to 23, 2025. These bonds are registered in the name of the holder, non-subordinated, unsecured, and have a bondholder representative. The company’s and the bonds’ credit rating of "BBB+" with a "Stable" outlook from Tris Rating as of December 16, 2024, reflects the company’s strong market position in the mid to high-end residential sector. The company has appointed five leading financial institutions as underwriters for this bond issuance, including Kasikorn Bank, TMBThanachart Bank, CIMB Thai Bank, Kiatnakin Phatra Securities, and Asia Plus Securities.<\/span><\/p>

“In the fourth quarter of 2024, the company had two new condominium projects starting to transfer ownership: the Reference Sathorn-Wongwian Yai project valued at 4 billion baht, which has achieved over 60% sales, and the Scope Thonglor project valued at 2.8 billion baht, which has achieved over 70% sales.<\/span><\/p>

Recently, the company is preparing to launch a new project, Ref. Kased District, a design condo for Gen Y located opposite Kasetsart University, featuring new room designs with flexible furniture from “THINKK Studio,” blending comfort and nature. The company is confident of receiving a positive response from customers as before, maintaining its standard and quality #SCisQuality as a true leader in product and service quality. The pre-sale will be held on February 22-23, 2025.<\/span><\/p>

For high-net-worth individuals interested in investing in the company’s bonds, further details can be obtained from the bond distribution managers at the five institutions listed below:<\/strong><\/span><\/p>

  •   Kasikorn Bank Public Company Limited, Tel. 02-888-8888, press 869. 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 (including Kiatnakin Phatra Securities as a sales agent of Kasikorn Bank).<\/span><\/li>
  •   TMBThanachart Bank Public Company Limited, all branches, or Tel. 1428, press #4.<\/span><\/li>
  •   CIMB Thai Bank Public Company Limited (individuals can also subscribe online via the Mobile Application - CIMB Thai), Tel. 02-626-7777.<\/span><\/li>
  •   Kiatnakin Phatra Securities Public Company Limited, Tel. 02-165-5555 (including Kiatnakin Phatra Bank as a sales agent of Kiatnakin Phatra Securities).<\/span><\/li>
  •   Asia Plus Securities Company Limited, Tel. 02-680-4004.<\/span><\/li>

Warning:<\/u><\/strong><\/span> Please understand the nature of the product, terms, returns, and risks before making an investment decision. Investments carry risks, and investors should study the information in the draft prospectus before making an investment decision. Investors can find details in the information statement and draft prospectus below.<\/span><\/p>

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