Debentures/BTS Group

Editorial staff

The successful issuance of 10 billion baht debentures after receiving a positive response from investors during January 9 – 10 and 13, 2025. This issuance will enhance the company’s financial stability and efficiently support its business expansion, paving the way for sustainable long-term growth.

Chawadee Rungruang, chief financial officer of BTS Group Holdings Plc, said: “The company extends its heartfelt gratitude to all investors for the warm reception of our offering of two tranches of senior unsecured debentures with Debenture Holder Representatives."

The debentures consist of a 2-year tenor with coupon rate of 4.30% per annum and a 5-year tenor with coupon rate of 4.80% per annum. The interest payments will be made on semi-annual basis.

Ms Chawadee Rungruang, chief financial officer of BTS Group Holdings Plc.

The credit rating of the debentures is “investment grade” assigned at "BBB+", with a “Stable” outlook by TRIS Rating Company Limited (TRIS Rating), reflecting the company’s strong business and financial position, which is one of the key factors supporting investors’ decisions.

BTS Group operates across various industries, focusing on utilizing data from mass transit network information and advertising media. The company forms business alliances to enhance business value through its 3 platforms including: 1) MOVE platform, a provider of seamless travel with various transportation facilities to improve the quality of life; 2) MIX platform, an Offline-to-Online Comprehensive solutions marketing service provider, who effectively utilizes database for the group of companies and business partners; and 3) MATCH platform which creates new business opportunities and cooperation through sharing the MOVE and MIX platforms with the group and business partners.

“This successful issuance of 10 billion baht debentures has reaffirmed trust among investors, following the prior success of the Rights Offering (RO) worth 13.2 billion baht in October 2024, which was over-subscribed,” said the chief financial officer of BTS Group.

BTS Group Holdings Plc (BTS Group) is a privately owned, multi-industry conglomerate that operates across 3 business platforms: MOVE, MIX and MATCH. Listed on the Stock Exchange of Thailand (SET), BTS Group is a constituent member of the SET50 “Bluechip” Index, SET ESG Ratings, SETESG Index, MSCI Asia Pacific Index, FTSE4Good Index and Dow Jones Sustainability Index (DJSI). BTS Group is one of the largest companies in Thailand and also the world’s most sustainable transportation and transportation infrastructure company by DJSI.