Micro Leasing to issue 2-year secured debentures

Micro Leasing Public Company Limited has filed a draft registration statement with the Securities and Exchange Commission to issue 2-year secured high-yield debentures. The debentures carry an interest rate of 6.40% to 6.60% per annum, with interest payable every three months.

The offering is intended for institutional and/or high-net-worth investors, with a subscription period scheduled for September 1-3, 2026. The company plans to use the proceeds for asset acquisitions, investments, or general business expenses. The debentures are secured by claims against debtors, specifically Tier 1 and Tier 2 credit risk debtors, with total collateral value not less than 1.20 times the offering value. The company has been assigned a credit rating of BB by TRIS Rating Public Company Limited.