Saturday, February 29, 2020

Property Perfect offering high-interest perpetual bond

Nov 16. 2018
Facebook Twitter

By The Nation

Listed property firm Property Perfect Plc has issued a perpetual bond worth Bt1 billion at 9.5 per cent interest for the first five years



In a press release on Friday, it said the interest rate for the sixth through 25th year would be based on the rate for government bonds, plus 7.33 per cent, and beyond that plus 8.08 per cent.

As of October 2018,the government bond offers interest rate 2.42 per cent.

The perpetual bond will be available from November 26-28, with KT Zmico Securities Plc and Globlex Securities Co Ltd as underwriters, the company said.

Facebook Twitter
More in Property
Editor’s Picks
Top News