Suttha Ruengchaipaiboon, Chief Executive Officer of Magnolia Quality Development Corporation Limited (MQDC), said the company is prepared to repay the principal and accrued interest of debentures, Series 2/2024, due for redemption in 2026 (MQDC269A), totaling THB 1,763.51 million on September 25, 2026.
The debentures, issued on March 27, 2024, have a total outstanding principal of THB 1,738.8 million and carry a fixed coupon rate of 6.75%, with interest payments made quarterly. The two-and-a-half-year debentures were offered to institutional and high-net-worth investors.
