E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/26/2016 in the Prospect News Emerging Markets Daily.

New Issue: Thailand's MBK sells 2 billion baht of debentures due 2023, 2026

By Wendy Van Sickle

Columbus, Ohio, Feb. 26 – MBK PCL announced it issued 2 billion baht of unsubordinated debentures in two tranches on Friday.

A tranche of debentures due March 17, 2023 carries a coupon of 3 1/8%.

The second tranche of debentures, due Feb. 26, 2026, carries a coupon of 3.57%.

Bangkok-based MBK and its subsidiaries are engaged in retail activities, hotel and leisure enterprises, property development and food processing.

Issuer:MBK PCL
Issue:Unsubordinated debentures
Settlement date:Feb. 26
Rating:TRIS Co. Ltd.: A
Debentures due 2023
Amount:1 billion baht
Maturity:March 17, 2023
Coupon:3 1/8%
Debentures due 2026
Amount:1 billion baht
Maturity:Feb. 26, 2026
Coupon:3.57%

© 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.