S Hotels and Resorts Public Company Limited (SHR) has announced an interest rate of 4.50% per annum for its bonds with a tenor of 2 years and 9 months. The bonds will be offered to the general public between September 14-16, 2026, through five leading financial institutions. The proceeds are planned to be used to repay existing bonds maturing and to support major hotel renovation investments to enhance asset quality and competitiveness. The bonds have been rated "BBB-" which is investment grade, while the company has been rated "BBB" with a "Stable" outlook by Tris Rating. Mr. Michael Marshall, Chief Executive Officer of SHR, stated that this offering reflects confidence in the company's business fundamentals and growth potential.
S Hotels and Resorts Public Company LimitedCompany issues bonds at 4.50% to refinance debt and fund hotel renovations, reflecting confidence in fundamentals.
