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Raimon Land Public Company Limited

Raimon Land Public Company Limited and its subsidiaries are engaged in property development in Thailand. The company also rents office buildings and hotels, operates food and beverage businesses, and provides property rental, leasing, and resale agency services. Founded in 1987, it is based in Bangkok, Thailand.

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RML deposits principal and interest to redeem RML26OA bonds due 8 October 2026

Raimon Land Public Company Limited, or RML, has placed the principal and interest with the registrar, CIMB Thai Bank Public Company Limited, on 2 October 2026 in preparation for repayment of the RML26OA bonds due on 8 October 2026. Miss Oranong Intaraprasit, Chief Executive Officer of KPM Securities Company Limited, or KPM Securities, in her capacity as underwriter and debenture holders' representative, disclosed that the company had been notified by RML of the deposit. Placing the funds with the registrar is an important step ahead of the redemption date, in preparation for paying principal and interest to bondholders in accordance with the specified rights and conditions. Previously, RML had communicated its preparations for cash flow and liquidity to support the debt falling due, and this deposit with the registrar makes the preparation process for redeeming the RML26OA bonds clearer. Miss Oranong added that at a time when investors in the bond market remain focused on the liquidity and debt-servicing ability of bond issuers, RML's placement of the principal and interest with the registrar before the due date reflects its readiness in managing liquidity to concretely support repayment of this bond series.
RML.BK · Capital · Positive RML deposited principal and interest with the registrar ahead of the RML26OA bond redemption, demonstrating liquidity readiness to service its debt.
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RML to Sell Two Tranches of Secured Bonds at 7.35% Interest, Subscription Opens Late September

Raimon Land Public Company Limited (RML) has filed a draft registration statement with the Securities and Exchange Commission (SEC) to issue and offer high-risk, secured subordinated non-subordinated bonds with an early redemption option, paying interest every 3 months, offered to institutional and/or high-net-worth investors. The bonds are divided into two tranches: Tranche 1 has a term of 1 year 4 months 27 days, maturing in 2028, and Tranche 2 has a term of 1 year 4 months 14 days, also maturing in 2028. Both tranches carry an interest rate of 7.35% per annum. Collateral includes cash in a collateral account at a ratio of 1:1 and/or condominium units in The River 3 project, totaling 1,922.67 square meters, valued at 442.21 million baht (first mortgage), and The Cube podium building units, totaling 2,163.62 square meters, valued at 475.99 million baht (second mortgage, subordinate to RML281A bonds with principal of 265.20 million baht). Also included are a vacant land plot at Sukhumvit 28, 116.9 square wah, valued at 233.8 million baht, and five land plots in Samut Prakan, 358 square wah, valued at 7.51 million baht (first mortgage). The collateral value must be maintained at no less than 1:1 of the principal. Subscription for Tranche 1 opens from September 29 to October 1, 2026, and for Tranche 2 from October 8 to 14, 2026. KPM Securities is the underwriter and bondholders' representative. Proceeds will be used to repay debt from bond issuance, other group debts, and as short-term working capital.
RML.BK · Capital · Negative RML issues high-risk secured bonds at 7.35% interest to repay debt, indicating financial strain and increased leverage.
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KPM Securities closes sale of STELLA-RML bonds across 3 tranches totaling 767.40 million baht

KPM Securities has closed the offering of bonds for STELLA and RML across all three tranches, totaling 767.40 million baht, meeting its target. The bonds were offered to institutional and high-net-worth investors continuously from June to August 2026. CEO Onanong Intraprasit said the success reflects investor confidence in the issuers' potential and KPM Securities' product selection process. She also noted that during the same period, RML redeemed 607.35 million baht of existing bonds and STELLA redeemed 265.30 million baht, bringing total redemptions to 872.65 million baht, demonstrating the financial discipline and strong liquidity of both companies. KPM Securities affirmed its commitment to supporting quality bond issuers with transparently secured products, with Kudun and Partners serving as legal advisor for all three bond tranches.
KPM Securities Company Limited · Capital · Positive KPM Securities closed the bond offering totaling 767.40 million baht, meeting its target, reflecting successful product selection and investor confidence.
RML.BK · Capital · Positive RML redeemed 607.35 million baht of existing bonds, showing financial discipline and strong liquidity.
STELLA.BK · Capital · Positive STELLA redeemed 265.30 million baht of existing bonds, demonstrating financial discipline and strong liquidity.
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