April 4, 2026 | 11:35 a.m. BRI to offer two tranches of debentures, highlights Bang Tao transfer plan and wellness push
April 4, 2026 | 11:35 a.m. BRI to offer two tranches of debentures, highlights Bang Tao transfer plan and wellness push — confirmed details at this stage for Phuket readers.
BRI will offer two tranches of debentures from May 5 to 7, 2026, through 14 financial institutions, targeting investors in Phuket and across Thailand. The company aims to raise funds for debt repayment and refinancing, while advancing its Bang Tao transfer plan and expanding into the wellness sector.
Debenture Structure and Asset Backing
The first tranche, BRI282A, matures in 1 year and 9 months with a fixed interest rate of 5.65–5.85% per annum. The second, BRI292A, matures in 2 years and 9 months with a rate of 5.95–6.15% per annum.
Debenture holders will receive interest payments every three months. Collateral includes land in Nonthaburi, Hua Hin, and Phuket valued at roughly 1.16 billion baht, plus built properties in Samut Prakan worth 301 million baht and commercial units in Bangkok and major cities valued at 108 million baht. The collateral-to-debenture value ratio is set at no less than 1.20 times.
Revenue Targets and Wellness Focus
BRI expects to recognize revenue from the transfer of ownership at the 1.35-billion-baht Balco Bang Tao Beach project starting in the second quarter of 2026. This transfer is positioned as a key driver for the year's income.
The company projects 2026 presales of 5 billion baht, total revenue of 3.4 billion baht, and ownership transfers totaling 4 billion baht. BRI’s new development strategy emphasizes wellness and longevity, under the “Brilliant” brand, to meet rising demand for quality-of-life-oriented properties.
Source: https://www.thansettakij.com/real-estate/655813
