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Published on 12/19/2016 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Thailand’s Kasikornbank calls 22 billion baht debentures due 2022

By Marisa Wong

Morgantown, W.Va., Dec. 19 – Kasikornbank PCL said it will redeem in full its 22 billion baht subordinated debentures due 2022 on Feb. 15.

The redemption price will include interest accrued from June 22 to Sept. 21. The debentures currently carry a coupon of 4½%.

The record date for the redemption is Feb. 1.

The Bangkok-based bank issued the debentures in 2012.


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