Major Development PCL is pleased to announce the successful completion of its recent bond offering, raising a total of 1,300 million baht. This remarkable achievement reflects strong investor confidence in the company’s solid fundamentals and its commitment to delivering exceptional luxury residential projects across Thailand.

Ms. Petrada Poolvoralaks, CEO of Major Development PCL, a leader in the development of luxury real estate businesses and pet-friendly condominiums (Pet-Family Residences) said, “We are delighted by the enthusiastic response from Institutional and/or high net worth investors to our secured high risk debenture offering No. 3/2024: With a fixed interest rate of 7.40% per annum, the entire offering was fully subscribed during the sale period of September 26-27 and 30, 2024. Due to the high demand, some investors were unable to acquire the desired allocations and therefore a waitlist currently exists.”

She further expressed gratitude, saying, “We sincerely thank our investors for their trust and confidence in our debenture offering No.3/2204. Major Development remains dedicated to fostering sustainable growth through innovative lifestyle developments. The proceeds from this bond issuance will be utilized in accordance with our outlined financial objectives that were disclosed in the SEC system.

Major Development is actively progressing with its current projects and is prepared to unveil new developments in 2025.

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