TRIS on SIRI Existing debentures, proposed issue rated

Real Estate July 06, 2018 01:00

By The Nation

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TRIS Rating has affirmed the company rating of Sansiri Plc (SIRI) and the ratings of SIRI’s existing senior unsecured debentures at “BBB+”.

At the same time, TRIS Rating assigns the rating of “BBB+” to SIRI’s proposed issue of up to Bt5 billion in senior unsecured debentures. 

The proceeds from the new debentures will be used to refinance SIRI’s existing debentures maturing in August 2018 and for business operation. 

Meanwhile, Sansiri Plc announces its presale Bt24 billion in the first half of this year or up 62 per cent from the same period of last year, the company’s chief financial and business supporting officer Wanchak Buranasiri said at press conference yesterday.