Published on 10/14/2020 in the Prospect News Emerging Markets Daily.
New Issue: Thailand’s Kasikornbank sells $500 million 5.275% perpetual notes
By Rebecca Melvin
New York, Oct. 14 – Kasikornbank PCL, acting through its Hong Kong Branch, issued $500 million additional tier 1 perpetual subordinated notes, with a 5.275% coupon, on Wednesday, according to a notice.
BNP Paribas, Citigroup Global Markets Ltd. and Standard Chartered Bank are the lead managers and bookrunners.
The bank is based in Bangkok.
Issuer: | Kasikornbank PCL, Hong Kong Branch
|
Issue: | Tier 1 subordinated notes
|
Amount: | $500 million
|
Maturity: | Perpetual
|
Bookrunners: | BNP Paribas, Citigroup Global Markets Ltd. and Standard Chartered Bank
|
Coupon: | 5.275%
|
Issue date: | Oct. 14
|
Listing date: | Oct. 15
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.