MUD to Offer Secured 2-Year Bonds at 7.35% Interest, Subscription Opens August 4–6

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Summary · why it matters

Mud and Hound Public Company Limited has filed a registration statement with the SEC to issue and offer high-risk, non-subordinated, secured bonds with a 2-year maturity and an annual interest rate of 7.35%, payable quarterly. The bonds are offered to institutional and high-net-worth investors, secured by ordinary shares of ABP Cafe Thailand Company Limited at a coverage ratio of no less than 1.50 times the issued and offered bonds, with an independent appraised value of 338.36 baht per share. Subscription is open from August 4 to 6, 2026. The bond underwriters are Asia Plus Securities, Bluebell Securities, Maybank Securities Thailand, Dao Securities Thailand, and UOB Kay Hian Securities Thailand, with Asia Plus Securities acting as the bondholder representative. The credit rating is BB- by TRIS Rating as of June 23, 2026. The company intends to use the proceeds from this bond offering to repay debt from debt instrument issuances.

Impact on assets 2

Consumer Discretionary▲ · 1 stocks
Financials▲ · 1 stocks

Off-coverage companies 6

ABP Cafe (Thailand) Co., Ltd.Private± Mixed
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Bluebell Securities Company LimitedPrivate± Mixed
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DAOL Securities (Thailand) Public Company LimitedPrivate± Mixed
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Maybank Securities (Thailand) Public Company LimitedPrivate± Mixed
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TRIS Rating Co., Ltd.Private± Mixed
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UOB Kay Hian Securities (Thailand) Public Company LimitedPrivate± Mixed
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