Gulf Energy Development announces interest rates for 20 billion baht bond issuance

Gulf Energy Development Public Company Limited has announced the final interest rates for six series of corporate and digital bonds, with a total par value not exceeding 20,000 million baht. The bond maturities range from 3 to 10 years, with interest rates spanning from 1.83% to 3.00% per annum.

The specific offerings include a 3-year zero-coupon bond with a 1.83% discount rate, a 4-year bond at 2.10%, a 5-year bond at 2.33%, a 7-year digital bond at 2.80%, a 7-year standard bond at 2.80%, and a 10-year bond at 3.00%. Interest is paid every six months, except for the 3-year zero-coupon bond.

Subscription is scheduled from October 19 to 21, 2026. Investors can purchase the 7-year digital bond through the ‘Paotang’ application with a minimum investment of 1,000 baht. The bonds are non-subordinated and unsecured, carrying a credit rating of ‘AA-’ with a ‘Stable’ outlook from TRIS Rating.

This issuance follows a strong second quarter in 2026, where the company reported record operating profits of 12,332 million baht, a 74% increase from the previous year, driven by growth in natural gas, renewable energy, and profit sharing from AIS.