SHR debuts 1.7-billion-baht bond offering at 4.50% interest

Corporate Action

โดย Kaohoon·

Summary · why it matters

S Hotel & Resort Public Company Limited, or SHR, disclosed through the Stock Exchange of Thailand that on 17 September 2026 the company issued and offered its 1/2026 series bonds, due for redemption in 2029, with a total value of 1.7 billion baht, offered to the general public. The bonds carry a term of 2 years and 9 months, maturing on 17 June 2029, comprising 1,700,000 units with a par value of 1,000 baht each, a fixed interest rate of 4.50% per annum, with interest paid every three months, no early redemption right, and a credit rating of BBB- with a Stable outlook from TRIS Rating Company Limited as of 8 July 2026. Isarin Pattaramai, Chief Financial Officer of SHR, stated that the proceeds will be used to repay debt from a roll-over debenture issuance within October 2026, as well as for asset acquisition, investment, or working capital in activities related to the company's current business operations, within December 2027. The underwriters for this offering are Krungthai Bank, or KTB, Kasikornbank, or KBANK, Krungthai XSpring Securities Company Limited, Land and Houses Securities Public Company Limited, and Asia Plus Securities Company Limited, with KTB acting as both the bond registrar and the bondholders' representative. This bond issuance falls under a total limit of not more than 8 billion baht as approved by the shareholders' meeting, and SHR has currently issued and offered bonds totaling 3 billion baht.