SC Ready to Offer New Bonds with 3-Year Interest Rates of [3.95-4.15]% and 4-Year Interest Rates of [4.25-4.45]% Expected to Open for Subscription Between July 18 and 21-22
SC Asset Corporation Public Company Limited (“SC”) is preparing to offer a new bond series to institutional investors and/or major investors, expected to open for subscription between July 18 and 21-22, 2025. The company and the bonds have been rated at "BBB+" with a "Stable" outlook as of June 16, 2025, by TRIS Rating Co., Ltd., indicating an investment-grade status that reflects the company's strong market position in the mid to high-end residential market.
Mr. Atthapol Srisathiphanawat, Chief Support Officer, revealed that the company has submitted a bond offering registration statement and draft prospectus to the Securities and Exchange Commission (“SEC”) to issue and offer a new bond series with a maturity of 3 years at interest rates between [3.95 - 4.15]% and 4 years at interest rates between [4.25 - 4.45]%. This bond series will be offered to institutional investors and/or major investors. The bonds are registered bonds, non-subordinated, unsecured, and have a bondholder representative. Subscription is expected to open between July 18 and 21-22, 2025. Interested investors can contact the bond distribution managers, which include Kasikorn Bank, TMBThanachart Bank, CIMB Thai Bank, and Kiatnakin Phatra Securities, starting now.
Mr. Atthapol further stated, "In the first quarter of 2025, the overall real estate market continued to slow down from 2024. The company has diversified its portfolio to continuously meet market demands. We launched two new projects: Reference Kaset District and Grand Bangkok Boulevard Suksawat - Rama 3, with a total project value of 4.5 billion baht.
For the first quarter of 2025, the company reported presales of over 3.909 billion baht and operational revenue of 2.671 billion baht, with rental and service income and consulting and management fees increasing by 44% compared to the first quarter of the previous year, resulting in a net profit of 112 million baht.
For major individual investors interested in investing in SC bonds, the minimum subscription amount is 100,000 baht, with increments of 100,000 baht. More details can be found at www.sec.or.th or by contacting the bond distribution managers listed below:
- Kasikorn Bank Public Company Limited, Tel. 02-888-8888, press 869, or subscribe through the K-My Invest website (www.kasikornbank.com/kmyinvest) for registered major investors (including Kasikorn Securities Public Company Limited as the sales agent of Kasikorn Bank for subscription, distribution, and allocation of bonds to major investors).
- TMBThanachart Bank Public Company Limited, all branches, or call 1428, press #4 (including TMBThanachart Securities Public Company Limited as the agent of TMBThanachart Bank).
- CIMB Thai Bank Public Company Limited (individuals can also subscribe online via the Mobile Application - CIMB Thai), Tel. 02-626-7777.
- Kiatnakin Phatra Securities Public Company Limited, Tel. 02-165-5555 (including Kiatnakin Phatra Bank Public Company Limited as the sales agent of Kiatnakin Phatra Securities).
Note: The company is in the process of submitting the registration statement and draft prospectus to the SEC, which has not yet taken effect. The allocation is at the discretion of the bond distribution manager, and the distribution conditions are as specified in the draft prospectus.
Warning: Please understand the nature of the product, conditions, 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 registration statement and draft prospectus below.
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