A5 has successfully repaid bonds Series 1/2565 along with interest, totaling 491.67 million baht, on schedule. This reflects the company’s strong financial capabilities and effective liquidity management, instilling confidence in all bondholders while proceeding with plans to launch new projects targeting niche market customers for continuous growth.
Ms. Nicharun Treethiprat, Chief Financial Officer of Asset Five Group Public Company Limited (A5), announced that the company executed the repayment of the bonds issued in the first offering of 2565, which has a two-year term, is non-subordinated, and unsecured. The bondholders and issuer have the right to redeem the bonds before the maturity date, with a fixed interest rate of 7% per annum, paid every three months. The total amount due for redemption on August 24, 2024, was 484 million baht. The company has repaid the principal and interest to all bondholders, amounting to approximately 491.67 million baht.
The proceeds from all bond issuances have been used to strengthen financial stability and provide funding for new project expansions to foster continuous growth. Amid the current risks in the overall bond market, A5 assures all bondholders of the company’s ability to repay bonds and interest on time, reinforcing its effective liquidity management and demonstrating the company’s strong financial position and growth potential.
Furthermore, the company remains committed to ongoing growth and plans to launch a new luxury project, “Sank Royal,” valued at 1.6 billion baht, by the end of this year. A5 is also focusing on adjusting marketing strategies to target niche markets while managing costs to achieve the revenue growth goals set forth.
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