Siam Commercial returns to market
Siam Commercial Bank returns to the international debt markets after almost a decade.
Siam Commercial Bank SCB recently entered the dollar-denominated debt markets with a $300 million three-year Reg-S FRN via sole lead Goldman Sachs. The leads were able to bring pricing tighter than initial guidance outlined on the back of an $800 million order book.
The deal marks the first time SCB has tapped the international debt markets since the Asian financial crisis and only the second time a Thai commercial bank has gone offshore since 1997, following last week's upsized $200...
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