By Mary-Katherine Stinson
Lexington, Ky., Nov. 17 – The Export-Import Bank of Thailand sold $100 million of three-year floating-rate notes (//BBB+) under its $3 billion medium-term note program, according to an offering circular.
The notes priced at par and will bear interest at compounded daily SOFR plus 111 basis points.
The Regulation S notes are redeemable early at par only for tax reasons.
Standard Chartered Bank (Singapore) Ltd. was the dealer.
The financial institution is based in Bangkok.
| Issuer: | Export-Import Bank of Thailand
|
| Amount: | $100 million
|
| Issue: | Senior notes, series 9, tranche 1
|
| Maturity: | Nov. 15, 2026
|
| Bookrunner: | Standard Chartered Bank (Singapore) Ltd.
|
| Coupon: | SOFR plus 111 bps
|
| Price: | Par
|
| Yield: | SOFR plus 111 bps
|
| Trade date: | Nov. 8
|
| Settlement date: | Nov. 15
|
| Listing date: | Nov. 16
|
| Rating: | Fitch: BBB+
|
| Distribution: | Regulation S
|
| ISIN: | XS2719152410
|
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