SHR Opens Bond Sale with 4.50% Interest, 2-Year 9-Month Term, Sept 14-16

Corporate Action

โดย Kaohoon·

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Summary · why it matters

S Hotels and Resorts Public Company Limited, or SHR, under Singha Estate, has announced the interest rate for its new bond issue at 4.50% per annum, with a term of 2 years and 9 months, paying interest every 3 months. The company plans to offer the bonds to the general public between September 14-16, 2026, through five leading financial institutions: Krungthai Bank, Kasikorn Bank, Asia Plus Securities, Krungthai Xspring Securities, and Land and Houses Securities. The bonds have been rated "BBB-" by Tris Rating, which is an investment grade, while the company itself has been rated "BBB" with a "Stable" outlook. Proceeds from the offering will be used to repay existing bonds maturing and to support major hotel renovation investments. 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 Limited ▲

Singha Estate Public Company Limited ±

Impact on stocks 6

Financials▲ · 3 stocks

Asia Plus Group Holdings PCL

Mentioned

Kasikornbank Public Company Limited

Mentioned

Krung Thai Bank Public Company Limited

Mentioned

Consumer Discretionary▲ · 1 stocks

S Hotels and Resorts Public Company Limited

▲ PositiveCapitalrelevance

SHR priced a new 4.50% BBB- rated bond issue to repay maturing bonds and fund hotel renovations.

Energy Transition & Power Demand▲ · 1 stocks

Singha Estate Public Company Limited

± MixedCapitalrelevance

SHR, under Singha Estate, is issuing bonds; parent is only context, no direct development for Singha Estate itself.

Digital Finance & Tokenization▲ · 1 stocks

XSpring Capital Public Company Limited

Mentioned

Off-coverage companies 2

Land and Houses Securities Public Company LimitedPrivate± Mixed

relevance

TRIS Rating Co., Ltd.Private± Mixed

relevance