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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  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...