BTS Group Holdings Public Company Limited is preparing to offer three new tranches of bonds with tenors of 2-4 years and fixed interest rates of 3.20-3.75% per annum to general investors. The subscription period is expected to be on September 25 and 28-29, 2026. Tris Rating has assigned a credit rating of BBB+ with a negative outlook to the company and the bonds. All three tranches are registered, unsubordinated, unsecured bonds with a bondholders' representative. Interest will be paid every six months. The minimum subscription is 100,000 baht, available through 12 leading financial institutions. The company reported total revenue of 7,492 million baht in the first quarter of fiscal year 2026/27, an increase of 3.4% compared to the same period last year, and recurring EBITDA of 2,822 million baht, up 3.3%. It also has cash and highly liquid investments totaling over 54,500 million baht, and an adjusted net debt-to-equity ratio of 1.34 times.
BTS Group Holdings Public Company LimitedBTS is issuing three new bond tranches at 3.20-3.75% with a BBB+ negative-outlook rating, a financing event for the company.
