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Published on 10/15/2020 in the Prospect News Emerging Markets Daily.

New Issue: EXIM Thailand sells $350 million 1.457% five-year notes

By Marisa Wong

Los Angeles, Oct. 15 – Export-Import Bank of Thailand issued $350 million of 1.457% notes due 2025 (//BBB+) on Thursday, according to a notice.

The Hongkong and Shanghai Banking Corp. Ltd., Singapore Branch, Mizuho Securities Asia Ltd. and Standard Chartered Bank (Singapore) Ltd. are the bookrunners.

The bank is based in Bangkok.

Issuer:Export-Import Bank of Thailand
Issue:Notes
Amount:$350 million
Maturity:Oct. 15, 2025
Bookrunners:Hongkong and Shanghai Banking Corp. Ltd., Singapore Branch, Mizuho Securities Asia Ltd. and Standard Chartered Bank (Singapore) Ltd.
Coupon:1.457%
Settlement date:Oct. 15
Rating:Fitch: BBB+

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