Canopus uses Indorama stock in rare Thai equity-linker

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Canopus uses Indorama stock in rare Thai equity-linker

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Raw of Buddha Statues in Ayutthaya, Thailand, | Luciano Mortula/luciano mortula - Fotolia

Thai firm Canopus International has raised $200m from a bond exchangeable into shares of Indorama Ventures, the first zero coupon exchangeable with a Thailand-listed underlying stock.

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