Gulf Energy Development Public Company LimitedGULF is issuing 7-year AA- digital bonds at 2.70-2.95% via KTB's Paotang app, a financing event for the company.
Gulf Development Public Company Limited, or GULF, together with Krungthai Bank Public Company Limited, or KTB, is preparing to offer GULF digital bonds through the bond trading wallet on the Paotang application, giving investors easier access to investment with a minimum investment of just 1,000 baht. Ravin Boonyanusasna, head of the money and capital markets business group at Krungthai Bank, said the GULF digital bonds are unsubordinated, unsecured bonds with a bondholders' representative, rated AA-/Stable by TRIS Rating, with a maturity of 7 years and an interest rate of 2.70-2.95% per year, paying interest every 6 months. Subscriptions open through the bond trading wallet on the Paotang app from 08:30 on October 19, 2026, until the full offering amount is reached, but no later than 15:00 on October 21, 2026. The minimum subscription is 1,000 baht, increasing in increments of 1,000 baht, with a maximum of 50 million baht per transaction, allocated on a first come, first served basis. The bond trading wallet on the Paotang app supports trading in the secondary market around the clock. Investors can buy, sell, and track their holdings as well as trading prices through the same system. Those interested can register for the wallet and study the subscription process in advance starting today.
Gulf Energy Development Public Company LimitedGULF is issuing 7-year AA- digital bonds at 2.70-2.95% via KTB's Paotang app, a financing event for the company.
Krung Thai Bank Public Company LimitedKTB partners with GULF to distribute the digital bonds through its Paotang bond trading wallet, expanding its capital-markets business.