Super Energy Corporation Public Company LimitedSUPER files to issue two tranches of BBB- rated bonds at 5.55-5.90% to repay debt and fund working capital.
Super Energy Corporation Public Company Limited (SUPER) has filed a draft registration statement with the Securities and Exchange Commission (SEC) to issue and offer unsubordinated, unsecured bonds with quarterly interest payments to the general public. The proceeds will be used to repay debt from existing bonds and/or as working capital and/or to repay loans from financial institutions. The bonds are divided into two tranches: Tranche 1 has a tenor of 1 year and 6 months, maturing in 2028, with an interest rate of 5.55% per annum; Tranche 2 has a tenor of 2 years, maturing in 2028, with an interest rate of 5.90% per annum. The subscription period is from October 6 to 8, 2026, through several underwriters, led by Asia Plus Securities, which also acts as the bondholders' representative. The company's credit rating is BBB, and the bonds are rated BBB- by TRIS Rating on August 28, 2026.
Super Energy Corporation Public Company LimitedSUPER files to issue two tranches of BBB- rated bonds at 5.55-5.90% to repay debt and fund working capital.
Asia Plus Group Holdings PCLAsia Plus Securities leads the underwriting and acts as bondholders' representative for SUPER's bond offering, a mandate mentioned in the article.