SHR closes full 1.7 billion baht bond sale with 4.50% annual coupon

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S Hotels and Resorts Public Company Limited, or SHR, a subsidiary of Singha Estate, announced that it has fully closed the offering of its bonds totaling 1.7 billion baht, meeting its target in full. This bond series has a tenor of 2 years and 9 months with a fixed interest rate of 4.50% per annum. It was offered to the general public between 14 and 16 September 2026 and received a very good response from investors. Mr. Michael Marshall, Chief Executive Officer of SHR, said this response reflects confidence in the company's business fundamentals and growth potential, and he thanked its five financial partners: Krungthai Bank, Kasikornbank, Asia Plus Securities, Krungthai XSpring Securities, and Land and Houses Securities. The proceeds from the bond issuance will be used to repay maturing bonds and to invest in projects to renovate and upgrade hotel assets. This bond series has been assigned a credit rating of BBB-, which is at investment grade, by TRIS Rating Company Limited.

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Off-coverage companies 2

Land and Houses Securities Public Company LimitedPrivate± Mixed
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TRIS Rating Co., Ltd.Private± Mixed
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