Bangkok Dusit is Thailand's biggest private hospital operator
Bangkok Dusit Medical Services, Thailand’s biggest private hospital operator, raised Bt10 billion $331 million through a zero-coupon convertible bond on Wednesday evening.
The deal is denominated in Thai baht but settled in US dollars. It has a five-year maturity with a three-year investor put and an issuer call at two-and-a-half years. It offers a 2% yield and converts at a 15% premium to Wednesday’s closing price of Bt18.3.