Noble is preparing to sell two new series of bonds, raising interest rates between them [4.70-5.25]% Expected to be open for reservations December 18-20, 2023 – Metisstock





Stoke Mitty – Mr. Athwaite Chalerm Resources Director and CFO It disclosed that NOBLE provided information to file notes with the Securities and Exchange Commission (SEC) through the issuance and offering of unsubordinated, unsecured notes and the presence of noteholder representatives. For general investors and institutional investors also known as public offering, there are two generations: the first generation, with a term of 1 year, 5 months, 26 days, with an interest rate between [4.70-4.80]% per annum and the second generation, for 3 years, and the interest rate is between [5.15-5.25]% annually, and the company will announce the specified interest rate again. Both bonds pay interest every 3 months, with a minimum subscription of 100,000 baht and multiples of 100,000 baht each, and are expected to be offered for sale from December 18 to 20, 2023. The company’s goal for issuing the bonds is to use the funds to pay off debts and return the bonds due in February. and October 2024. The Company received a credit rating from TRIS Rating Company Limited on August 25, 2023 at “BBB” with an outlook of “Stable” credit rating at the investment grade level, also known as the investment grade level, and the Company has never had a history of Default or postponement of payment of interest or principal on a bond. This helps build confidence for investors very well.

Regarding operating results in the first nine months of 2023, the company’s total income reached 7,274 million baht, a growth of 54% year-on-year as a result of the overall real estate market starting to recover. Together with the company we are able to gradually sell our existing ready-to-move-in projects, besides maintaining sales among foreign clients continuously. At the same time, we are still gradually delivering Backlog sales on hand as planned. In the first 9 months of 2023, the company delivered a total of 3 new projects, consisting of one condominium project, namely Ni Project, W C-Square Suan Luang Station, and two low-rise projects, namely New Hibe Suksawat Project and Noble Away Cha-am Project, Which will support increased income growth.

In addition, net profit for the first nine months of 2023 reached 719 million baht, a growth of 517% compared to the same period last year. This is rapid growth, coming mainly from operating profits that have grown from a continuous increase in total income. Additional profits were recognized from the sale of investments in joint venture companies, namely Rama 9 Alliance Limited, the developer of the New District R9 project, Kho Khut Station Alliance Limited, and ANZ Limited, the developer of the new project. Kho Khut Cross Station Project of Proud Real Estate Public Company Limited or PROUD, including various fees received as project manager of the joint venture. Including project management fees (management fees), incentive fees (incentive fees), business success fees (success fees) as well.

Follow the Stock Dimension channel to receive capital market news at the link below.

Web: https://www.mitihoon.com/
Facebook : https://www.facebook.com/mitihoon
Youtube : https://www.youtube.com/@mitihoonofficial7770
Tik Tok:
www.tiktok.com/@mitihoon






Previous articleBangkok Insurance joins its booth at the 18th Chiang Mai Financial Expo, offering special premium rates and free gifts.
Next articlePTTGC partners with WHA to restructure logistics and polymers business.


Leave a Reply

Your email address will not be published. Required fields are marked *