Noble prepares to sell two new series of bonds, raising interest rates between [4.70-5.25]% Expected to open for reservations 18-20 December 2023.

Noble Development Public Company Limited (the Company) or NOBLE is preparing to offer 2 new series of bonds with a term of 1 year, 5 months, 26 days, with an interest rate between [4.70-4.80]% per annum and 3 year term, interest rate between [5.15-5.25]% per year, expected to be offered for sale between 18-20 December. The company received a credit rating from TRIS Rating Company Limited on 25 August 2023 at the level of “BBB” with a credit rating outlook of “Stable”. ” along with the appointment of 6 leading financial institutions, including Krung Thai Bank Kasikorn Bank CIMB Thai Bank, Asia Plus Securities, Krungthai Xspring Securities and Maybank Securities (Thailand) are the underwriters of the bonds. The proceeds will be used to return the bonds that will mature in 2024.

Mr. Atthawit Chalerm Sapnasap Director and Chief Financial Officer revealed that NOBLE has submitted information for the offering of debentures to the Securities and Exchange Commission (SEC). It is the issuance and offering of unsubordinated, unsecured and Bondholder Representative to general investors and institutional investors Also known as Public Offering, there are 2 generations: the first generation, with a term of 1 year, 5 months, 26 days, with an interest rate between [4.70-4.80]% per year and the 2nd generation, 3 year term, interest rate between [5.15-5.25]% per year. The company will announce the exact 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. They are expected to be offered for sale between 18-20 December 2023. The company’s objective in issuing the bonds is to use the money to pay off debts. Return of bonds that are due in February and October 2024. The Company received a credit rating from TRIS Rating Company Limited on August 25, 2023 at the level of “BBB” with a credit rating outlook of “Stable” which is Investment grade level, also known as investment grade level, and the company has never had a history of defaulting on debt payments or postponing payment of interest or principal of debentures. This helps build confidence for investors very well.

In terms of operating results in the first 9 months of 2023, the company had total income of 7,274 million baht, growing 54% YoY as a result of the overall real estate market starting to recover. together with the company Able to gradually sell Ready to Move projects that we have on hand, along with maintaining sales among foreign customers continuously. At the same time, we are still gradually delivering sales waiting to be transferred (Backlog) on ​​hand as planned. In the first 9 months of 2023, the company has delivered a total of 3 new projects, consisting of 1 condominium project, namely the Ni Project. W C-Square Suan Luang Station, 2 low-rise projects, namely the New Hibe Suksawat Project and the Noble Away Cha-am Project, which will support increased income growth.

In addition, net profit for the first 9 months of 2023 was 719 million baht, a growth of 517% compared to the same period last year. This is considered to be rapid growth, mainly coming from operating profits that have grown from continuously increasing total income. And there was recognition of extra profits from the sale of investments in joint venture companies, namely Rama 9 Alliance Company Limited, the developer of the New District R9 project, and Khu Khot Station Alliance Company Limited. Anz Company Limited is the developer of the New Cross Khu Khot Station project for Proud Real Estate Public Company Limited or PROUD, including various fees received as the joint venture project manager. Including project management fees (Management Fee), incentive fees (Incentive Fee), business success fees (Success Fee) as well.

For investors who want more information about NOBLE’s bond offering, details can be found at www.sec.or.th or https://investor.noblehome.com and can contact the following financial institutions

– Krung Thai Bank Public Company Limited, call 02-111-1111. Individuals can make reservations online through the Krungthai NEXT application.

– Kasikorn Bank Public Company Limited, call 02-888-8888, press 819. Individuals can reserve online through https://www.kasikornbank.com/kmyinvest (Except for foreign nationals and juristic persons who can make reservations through the head office and branches)

– CIMB Thai Bank Public Company Limited, Tel. 02-626-7777. Individuals can reserve online via Mobile Application – CIMB Thai Digital Banking, another channel.

– Asia Plus Securities Company Limited Tel. 02-680-4004

– Krungthai Xspring Securities Company Limited, Tel. 02-695-5000

– Maybank Securities (Thailand) Public Company Limited, Tel. 02-658-5050

– Noble Development Public Company Limited Tel. 02-251-9955 ext. 1415

Warning: Investing is risky. Investors should study and understand product characteristics. Return conditions and risks before deciding to invest. Investors can study details from the information sheet and draft prospectus at www.sec.or.th

Note: The Company is in the process of submitting the registration statement and draft prospectus to the SEC Office, which are not yet effective. The allocation is as specified by the underwriter. The details are in accordance with the distribution conditions. as specified in the draft prospectus