BTS Group Holdings (BTS) plans to offer three tranches of long-term debentures, the first series of fiscal year 2026, to general investors. Tranche 1 has a 2-year tenor with an interest rate of 3.20% per annum, Tranche 2 has a 3-year tenor with an interest rate of 3.55% per annum, and Tranche 3 has a 4-year tenor with an interest rate of 3.75% per annum. Subscription is expected to open on September 25 and 28-29, 2026, with a minimum subscription amount of 100,000 baht. The debentures are rated BBB+ with a negative outlook by Tris Rating, reflecting stable cash flows from long-term operation and maintenance contracts. In the first quarter of fiscal year 2026/27, the company reported total revenue of 7,492 million baht, up 3.4%, and recurring EBITDA of 2,822 million baht, up 3.3%, with cash and investments exceeding 54,500 million baht and a net debt-to-equity ratio of 1.34 times.
BTS Group Holdings Public Company LimitedBTS is issuing three tranches of long-term debentures (up to 3.75%), a financing event for the company.
