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 Bank & Finance
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30 Aug 05 13:49
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Bangkok Bank to head issue
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Dow Jones
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The Export-Import Bank of Thailand has chosen Bangkok Bank Plc (BBL.TH) to handle its planned 6 -10 billion baht issue of baht bonds in October, an official at the bank said Tuesday.
The bonds, expected to carry three- and five-year maturities, will be offered to both retail and institutional investors. This will be the first time that the bank is offering bonds to the public as it normally raises funds from institutional investors, the official said.
In order to raise funds from the...
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