Post by account_disabled on Jan 6, 2024 11:17:19 GMT 5.5
Company Limited (the "Company" or "RISLAND") has successfully issued and offered named debentures. Unsubordinated, guaranteed, and has a bondholder representative with a total value of 1,500 million baht. The bonds have a term of 3 years with a fixed interest rate of 4.75% per year on 24 July 2019. RISLAND has appointed Kasikorn Bank Public Company Limited is the underwriter of the bonds. This offering is for sale to institutional investors only. The debentures are rated "AA(tha)" by Fitch Ratings (Thailand) Company Limited. This bond offering is the first bond offering of Risland (Thailand) Company Limited after the company officially entered business in Thailand since June 2017. The company operates a real estate development business.
Residence Both in single house projects and condominiums Currently, there are 5 real Country Email List estate projects according to the company's business expansion plan (1 is a single-detached house project and 4 are condominium projects), including the Lake Serene project, which is a single-detached house project, and the Artisan project, The Art project, and the Cloud Thonglor project. and the Cloud Asoke project, which is a condominium project. Mr. Zhang Liangkang, Chief Executive Officer of Risland (Thailand) Company Limited, said of the success of the issuance and offering of bonds this time that “The issuance and offering of bonds is considered to have received a good response from investors.
Especially this time is the first time for the company to raise funds through issuing bonds. Currently, the company has projects in many locations in Thailand. And reservations will be opened within this year for many projects, making RISLAND likely to be more well-known to the general public, including investors. The company has a vision for Thailand to be a strategic location for the Country Garden Group's expansion. We also hope to receive support from investors in the company's next fundraising round," Mr. Thipakorn said . Sai Phatthana, Deputy Managing Director Kasikorn Bank Public Company Limited added that “This issuance of RISLAND bonds is another step in the development of the Thai bond market as a Regional Financial Hub because it provides an opportunity for companies that may not be directly Thai companies to come and raise funds in the market.
Residence Both in single house projects and condominiums Currently, there are 5 real Country Email List estate projects according to the company's business expansion plan (1 is a single-detached house project and 4 are condominium projects), including the Lake Serene project, which is a single-detached house project, and the Artisan project, The Art project, and the Cloud Thonglor project. and the Cloud Asoke project, which is a condominium project. Mr. Zhang Liangkang, Chief Executive Officer of Risland (Thailand) Company Limited, said of the success of the issuance and offering of bonds this time that “The issuance and offering of bonds is considered to have received a good response from investors.
Especially this time is the first time for the company to raise funds through issuing bonds. Currently, the company has projects in many locations in Thailand. And reservations will be opened within this year for many projects, making RISLAND likely to be more well-known to the general public, including investors. The company has a vision for Thailand to be a strategic location for the Country Garden Group's expansion. We also hope to receive support from investors in the company's next fundraising round," Mr. Thipakorn said . Sai Phatthana, Deputy Managing Director Kasikorn Bank Public Company Limited added that “This issuance of RISLAND bonds is another step in the development of the Thai bond market as a Regional Financial Hub because it provides an opportunity for companies that may not be directly Thai companies to come and raise funds in the market.