Largest dollar-denominated bond issued in Thailand - News Summed Up

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Largest dollar-denominated bond issued in Thailand


The bonds were issued on September 2016. This marked the first time that FX Bond transaction was placed to both local and non-resident High Net Worth investors, underlining the credit strength of EDL-Gen among investing community.EDL-Gen issued a baht-bond issue worth Bt6.5 billion in December 2014. "Not only will this help EDL-Gen grow and become more sophisticated, this deal is also important to the sustainable economic development of the Lao People's Democratic Republic. Essentially, EDL-Gen is key to the country's infrastructure development, and will continue to play a significant role in fueling the nation's growth and advancement. As an international bank with full presence in all ten Asean markets, Standard Chartered is especially proud of this deal which set new industry benchmarks and fulfils our 'Here for Good' brand promise for the region," he said.


Source: The Nation Bangkok September 14, 2016 10:30 UTC



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