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Prospect News home > News index > List of issuers S > Headlines for Standard Chartered Nakornthon Bank > News item
Published on 9/26/2005 in the Prospect News Emerging Markets Daily.

Thailand's Standard Chartered Nakornthon Bank proposes to issue 40 billion baht of debentures

By Reshmi Basu

New York, Sept. 26 - Standard Chartered Nakornthon Bank said it received approval from its board of directors on its proposal to issue up to 40 billion baht of debentures.

The issue will carry a tenor of up to five years and may be structured as more than one tranche.

The Bangkok-based financial institution will seek shareholder approval on the proposal at its Nov. 11 meeting.


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