Next Capital Public Company Limited (NCAP) has announced the fixed interest rates for two tranches of bonds: 5.10% per annum for a 2-year 6-month term, and 5.25% per annum for a 3-year term. The subscription period is expected to be from September 7-9, 2026, offered to institutional and high-net-worth investors with a minimum investment of 100,000 baht. The company holds a credit rating of BBB- with a Positive outlook from TRIS Rating. Its first-half performance was strong, with new loan disbursements growing 15%, exceeding the target, while NPLs decreased to 1.28%, reflecting improved asset quality. The proceeds will be used for business operations and expanding the network of over 307 dealers nationwide. There are six underwriters, and the filing of the registration statement with the SEC is in progress.
Next Capital Public Company LimitedNCAP is issuing two tranches of bonds at 5.10%-5.25% to fund business operations and dealer-network expansion, a financing event.
