Krung Thai Bank prints inaugural $500 million senior bond

Thailand's second-biggest commercial bank offers a pick-up over its peers.

Krung Thai Bank prints inaugural $500 million senior bond

Krung Thai Bank took advantage of market conditions to launch an inaugural $500 million senior bond on Monday night. The Thai bank had completed roadshows in February, but held off launching a deal immediately as market conditions were choppy.

It is the first US dollar bond from a Southeast Asian bank this year. The initial guidance for the five-and-a half-year bond was Treasuries plus 175bp and this was revised to a final guidance of Treasuries...

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