Krung Thai Bank plans rights issue
The Thai bank’s plan to raise $1.1 billion from a rights issue is expected to spur growth in lending.
August 13, 2012
Krung Thai Bank sold a $700 million 10.5-year bond — Thailand’s first ever Basel III instrument — despite ongoing investor scepticism as to whether the government will extend extraordinary support to such instruments.
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to FinanceAsia.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
Questions?
See here for more information on licences and prices, or contact [email protected].