Major Development Public Company Limited (MJD) to Issue Two New Tranches of Debentures
- Tranche 1: Unsecured debentures, tenor of 1 year, with an interest rate of 7.30% per annum
- Tranche 2: Secured debentures, tenor of 1 year and 6 months, with an interest rate of 7.10% per annum and collateral coverage of not less than 1.30 times
- Credit Rating: BB with Negative Outlook
- Subscription Period for Institutional and High-Net-Worth Investors (II/HNW): 29–31 July 2025
Debenture Names (as filed with the SEC):
• “High-Risk Debentures of Major Development Public Company Limited No. 3/2025 Tranche 1 Due 2026 with the Issuer’s Right of Early Redemption”
• “Secured High-Risk Debentures of Major Development Public Company Limited No. 3/2025 Tranche 2 Due 2027 with the Issuer’s Right of Early Redemption”
Further details are available on the SEC website:
https://market.sec.or.th/public/ipos/IPOSDE01.aspx?TransID=698270&SD=2907256831072568
For more information or to subscribe, please contact one of the Lead Arrangers:
- Bluebell Securities Co., Ltd. | Tel: 02-249-2999
- Asia Plus Securities Co., Ltd. | Tel: 02-680-4004
- Krungthai XSpring Securities Co., Ltd. | Tel: 02-695-5555
- Globlex Securities Co., Ltd. | Tel: 02-687-7543
- UOB Kay Hian Securities (Thailand) PLC | Tel: 02-659-5272, 5273
- Merchant Partners Securities PLC | Tel: 02-660-6624
- DAOL Securities (Thailand) PLC | Tel: 02-351-1801
- Pi Se
- curities PLC | Tel: 02-205-7000 ext. 7387
- KGI Securities (Thailand) PLC | Tel: 02-658-8945
- Siam Wealth Securities Co., Ltd. | Tel: 02-430-6545
- Maybank Securities (Thailand) PLC | Tel: 02-658-5050
Disclaimer: Investment involves risk. Investors should carefully study the product features, terms and conditions, expected returns, and associated risks prior to making any investment decision. Complete details are available in the registration statement and draft prospectus at www.sec.or.th.