Home » Business » InfoQuest: SQ offers 2-year and 6-month debentures at a 5.75% interest rate to major institutions on April 25-27, raising concerns about SQ’s financial stability.

InfoQuest: SQ offers 2-year and 6-month debentures at a 5.75% interest rate to major institutions on April 25-27, raising concerns about SQ’s financial stability.

Sahakol Equipment Public Company Limited (SQ) Preparing to issue debentures No. 1/2023 due in 2025, tenor 2 years 6 months 7 days, fixed interest rate of 5.75% per year throughout the debenture life. Pay interest every 3 months at par value and the offering price per unit is 1,000 baht. The number of debentures offered for sale is not more than 400,000 (four hundred thousand) units, the value of the debentures offered for sale is not more than 400 million baht. Offered to institutional investors and/or high net worth investors. The subscription period is April 25-27, 2023 through the bond underwriters, including Maybank Securities (Thailand), Yuanta Securities (Thailand), Dao Securities (Thailand), Beyond Securities.

Credit Rating of Debenture Issuer BBB- Stable Outlook by TRIS Rating Co., Ltd. on 30 May 2022.

By InfoQuest News Agency (20 Mar. ’23)

Tags: SQ, Sahakol Equipment, debentures, Thai stocks

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