S Hotels and Resorts Public Company Limited, or SHR, announced an interest rate of 4.50% per annum for its 2-year 9-month bonds, with interest paid every 3 months. The company plans to offer the bonds to the general public between September 14-16, 2026, through 5 leading financial institutions. The bonds have been rated BBB- by Tris Rating, which is an investment-grade level, while the company itself is rated BBB with a Stable outlook. The proceeds will be used to repay existing bonds maturing and to support a major hotel renovation investment. Mr. Michael Marshall, Chief Executive Officer, stated that this offering reflects confidence in the business fundamentals and growth potential of SHR.
S Hotels and Resorts Public Company LimitedCompany issues bonds at 4.50% to refinance debt and fund hotel renovation, reflecting confidence in fundamentals.
