Siam Piwat, a leading real estate and retail developer, the owner and operator of world-class projects, such as Siam Paragon, Siam Center, and Siam Discovery, and a joint venture partner of ICONSIAM and Siam Premium Outlets Bangkok, is offering an opportunity for investors to take part in its success across the past 63 years for the first time ever by issuing perpetual bonds. With an estimated interest rate in a range of 5.25%-5.50% per annum in the first five years, paid out on a quarterly basis, the perpetual bonds have been assigned an investment grade rating, reflecting the group’s strong growth potential.
Ms. Chadatip Chutrakul, Chief Executive Officer of Siam Piwat Group, stated that: “Siam Piwat has continuously posted strong growth over the past 63 years of its operations and established a robust high-spending customer base both domestically and internationally. Every project of Siam Piwat has achieved tremendous business success, garnered extensive world-class accolades and gained respect and acceptance among business partners and leading international organisations. While it has never offered investors opportunities to take part in its businesses thus far, Siam Piwat is now driving its strategies to build an ecosystem by creating shared value with business partners across various dimensions and it will for the first time ever engage high net worth investors to take part in Siam Piwat’s businesses, which have been growing with stability and sustainability.”
