By Marisa Wong
Madison, Wis., Dec. 11 - Bangkok Bank PCL announced it issued 20 billion baht of 4 3/8% subordinated debentures at par.
The 10-year debentures are putable.
Proceeds will be used for general corporate purposes.
Fitch Ratings (Thailand) Ltd. assigned an AA-(tha) rating to the debentures.
| Issuer: | Bangkok Bank PCL
|
| Issue: | Subordinated debentures
|
| Amount: | 20 billion baht
|
| Maturity: | Dec. 7, 2022
|
| Coupon: | 4 3/8%, payable semiannually
|
| Price: | Par
|
| Yield: | 4 3/8%
|
| Putable: | Yes
|
| Settlement date: | Dec. 7
|
| Rating: | Fitch: AA-(tha)
|
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