Ariya Tiranaprakij, executive vice president of ThaiBMA, said companies have launched more debenture issues to lock in funding costs amid rising rates. In 2016, new corporate bond issues stood at Bt812 billion. "It's possible for private companies to issues debentures worth a total of Bt900 billion this year. We've seen the figures set to be launched, the existing debentures set to reach their maturity and the Bt711 billion worth of debentures already launched this year. It is likely that total debenture issues will reach Bt880 billion this year , a new record high and higher than our earlier estimate of Bt720-Bt750 billion," Ariya said.
Source: The Nation Bangkok October 12, 2018 03:14 UTC