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Wednesday, May 1, 2024

SCBX launching an inaugural public offering of 4-year debentures with coupon rate of 3.10% p.a., payable semi-annually with a subscription period from June 21-29, 2023

• The highest credit rating among private firms at ‘AA+(tha)’ level

• Digital subscription for individual investors, aiming to enhance efficiency and deliver favourable returns to investors

SCB X Public Company Limited, SCBX, the ‘mothership’ of Thailand’s leading financial technology group, is launching an inaugural public offering (PO) of debentures. These debentures are name-registered, unsubordinated and unsecured with a debenture holder’s representative. The debentures pay a fixed interest rate of 3.10% per annum, payable every 6 months over a 4-year term. The minimum subscription amount is 1,000 baht and must be in increments of 1,000 baht. SCBX holds an impressive credit rating of ‘AA+ (tha)’ with a ‘stable’ outlook, as well as an issue rating of ‘AA+ (tha)’ by…

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