TMB Bank $400 million 4.90% notes issue

16/1/2020

High-yield bond/note issue

Value:

$ 400 million

Status:

Completed

Date:

16/1/2020

Overview:

Thai transactional bank TMB Bank has issued $400 million 4.90% perpetual additional tier 1 capital securities under its $3 billion EMTN programme.
The deal is the first-ever Basel III-compliant additional tier 1 notes issue from Thailand.

Shah Shameer Ahmed - Researcher

Jurisdiction:

Thailand

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Banking

Firm:

Weerawong, Chinnavat & Partners

Party: Citigroup Global Markets (Dealer)

Party: The Hongkong and Shanghai Banking Corporation (Dealer)

Party: ING Bank (Dealer)

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