Published on 5/6/2011 in the Prospect News Emerging Markets Daily.
New Issue: Siam Commercial Bank sells $400 million 3.9% notes due 2016 at Treasuries plus 205 bps
By Christine Van Dusen
Atlanta, May 6 - Thailand's Siam Commercial Bank PCL sold $400 million 3.9% notes due Nov. 14, 2016 at 99.769 to yield Treasuries plus 205 basis points, a market source said.
Barclays Capital and Deutsche Bank were the bookrunners for the Regulation S notes.
Siam Commercial Bank is based in Bangkok.
| Issuer: | Siam Commercial Bank PCL
|
| Amount: | $400 million
|
| Maturity: | Nov. 14, 2016
|
| Description: | Senior notes
|
| Bookrunners: | Barclays Capital, Deutsche Bank
|
| Coupon: | 3.9%
|
| Price: | 99.769
|
| Spread: | Treasuries plus 205 bps
|
| Trade date: | May 6
|
| Settlement date: | May 14
|
| Distribution: | Regulation S
|
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