Debentures of Gulf Development
Public Company Limited
including energy, gas, infrastructure and utilities, telecommunications, and digital businesses.
Gulf Development Public Company Limited (“GULF”) is offering unsubordinated and unsecured debentures with debenture holders’ representative No.2/2026
The debentures were assigned “AA-” rating with a “Stable” outlook by TRIS Rating on August 24, 2026.
| Debentures No.2/2026 | Fixed Coupon Rate (Interest payable: every 6 months throughout the term of the debentures) |
| Tranche 1 : 4 years | [2.00 - 2.25]% p.a. |
| Tranche 2 : 5 years | [2.25 - 2.50]% p.a. |
| Tranche 4 : 10 years | [3.00 - 3.20]% p.a. |
The offering price per unit is 1,000 baht. The minimum subscription is 100,000 baht, with subsequent multiples of 10,000 baht. for institutional investors, and subsequent multiples of 100,000 baht for ordinary investors.
Public Offering: Public investors (Individual institutional investors must subscribe as retail investors)
Subscription period: [October 19-21, 2026]
Subscription Channels: Bangkok Bank Mobile Banking and Bangkok Bank Branches (except Micro Branches)
For more information, please visit Bangkok Bank branches (except micro branches) or call Bualuang Phone at 1333.
Warning: Investments contain risks. Investors are advised to study the product characteristics including the returns conditions and risks before deciding to invest. For more information, investors can download the registration statement and draft prospectus at www.sec.or.th
Notes: The registration statement and draft prospectus have been filed with the office of the SEC and are in the process of approval for their effectiveness. The allotment of the debentures to subscribers shall be at the absolute discretion of the Joint Lead Arrangers. The conditions of the debenture offering are based on the disclosure of the draft prospectus
