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ASIA Offers New Bonds with 6% Interest Rate

ASIA Offers New Bonds with 6% Interest Rate

MGR Online•Economy•4d ago

Reader Briefing

Asia Hotel launches a new secured bond offering with a 6% annual interest rate to institutional and major investors.

  • •Asia Hotel is issuing new secured bonds with a fixed annual interest rate of 6%.
  • •The bonds will be offered to institutional and major investors between June 4-5 and June 8, 2026.
  • •The proceeds will be used to repay debt and for short-term working capital.
  • •The company's credit rating is 'BB' with a 'Stable' outlook from TRIS Rating.

Overview

  • •Between June 4 – 5 and June 8, 2026, Asia Hotel will offer new secured bonds.
  • •Asia Hotel announced the offering of secured bonds, series 1/2026, with a maturity of 2 years.
  • •The new bonds offer a fixed interest rate of 6% per year, paid every three months.
  • •The bond issuance aims to repay debts and provide short-term working capital for Asia Hotel.
  • •Asia Hotel has mortgaged the Asia Pattaya Hotel, staff residences, and land totaling 41 rai 2 ngan 65.7 sq.wa. as collateral.
  • •The appraised market value of the collateral land is 1,642.20 million baht as of March 13, 2026.
  • •TRIS Rating assigned Asia Hotel a corporate credit rating of 'BB' with a 'Stable' outlook on May 26, 2026.
  • •On May 30, 2026, Asia Hotel fully repaid previous bonds amounting to 480 million baht.

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Key Quotes

Patcharaphol Techrujirawit
"In the past, the company has been able to pay principal and interest completely on time for every period. Most recently, repaid previous bonds worth 480 million baht, supporting a strong financial position, good liquidity, and stable future growth."
ที่ผ่านมาบริษัทฯ สามารถจ่ายเงินต้น และดอกเบี้ยได้ครบตรงเวลาทุกงวด ล่าสุดชำระคืนหุ้นกู้เดิม 480 ล้านบาท สนับสนุนฐานะการเงินแกร่ง สภาพคล่องดี อนาคตเติบโตมั่นคง
Patcharaphol Techrujirawit
"The company has paid back both principal and interest to bondholders in full and on time for every period, reflecting efficient financial management, strong liquidity, and the responsibility the company has always prioritized."
บริษัทฯ จ่ายคืนทั้งเงินต้นและดอกเบี้ยให้ผู้ถือหุ้นกู้ครบถ้วนตรงเวลาทุกงวด สะท้อนถึงการบริหารการเงินที่มีประสิทธิภาพ สภาพคล่องที่แข็งแรง และความรับผิดชอบที่บริษัทฯ ให้ความสำคัญมาโดยตลอด

Key Entities

Organization

Asia Hotel(เอเชียโฮเต็ล)
An organization offering new secured bonds with a fixed interest rate to institutional and major investors.
TRIS Rating(ทริสเรทติ้ง)
A rating agency that assigned a 'BB' rating with a 'Stable' outlook to Asia Hotel.
Yuanta Securities (Thailand) Co., Ltd.(บริษัทหลักทรัพย์ หยวนต้า (ประเทศไทย) จำกัด)
The underwriter for the issuance and distribution of Asia Hotel's new bonds.

Person

Patcharaphol Techrujirawit(พัชรพล เตชะหรูวิจิตร)
Assistant Chief Executive Officer of Asia Hotel Public Company Limited (ASIA), who commented on the company's financial management and bond offerings.

Place

Asia Pattaya Hotel(โรงแรมเอเชียพัทยาโฮเต็ล)
A property mortgaged as collateral for Asia Hotel's new bond offering.