APM Files for TBC Secured Bond Issuance to Fund Rayong Industrial Development
Asset Pro Management (APM) has filed for a two-year secured bond issuance for TBC, offering interest rates between 7.00% and 7.25% to support industrial expansion in Rayong.
According to a report by Thai Post, Asset Pro Management (APM) has officially filed a registration statement for the issuance of two-year secured bonds on behalf of TBC. The bonds are expected to offer an annual interest rate ranging from 7.00% to 7.25%.
The capital raised from this offering is earmarked for the development of the LK-RICH industrial estate in Rayong province, as well as the enhancement of associated utility systems. This expansion is strategically aimed at meeting the rising demand from foreign investors who are relocating their production bases to Thailand. APM reported that TBC experienced a significant revenue growth of 781.39% during the first half of the year.
For residents and expatriates, this development highlights ongoing infrastructure investment in the Eastern Economic Corridor (EEC) region, which continues to be a focal point for international industrial activity. The subscription period and the official issuance of the bonds are currently projected for late November 2026.
While the filing marks a significant step in the company's financial strategy, the final interest rate within the proposed range and the exact dates for the subscription period remain to be confirmed by the company as the process moves forward.
