Central Retail preps record $2.4bn Thai IPO

Thailand’s Central Retail Corp is on track to launch the country’s largest IPO, with bookbuilding for the deal set to open on January 20, according to a source familiar with the matter.

  • By Jonathan Breen
  • 17 Jan 2020


The company is planning to float 1.69bn shares — 1.33bn of which will be primary and 360m secondary — at Bt40 to Bt43 ($1.32 to $1.41) per share, giving it proceeds of Bt67.6bn to Bt72.7bn, and a market capitalisation of Bt241.2bn to Bt259.3bn.

The size would make the ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 18.86
2 Industrial and Commercial Bank of China (ICBC) 14.39
3 China Merchants Bank Co 14.21
4 China Merchants Securities Co 8.85
5 Agricultural Bank of China (ABC) 5.90

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 China International Capital Corp Ltd 4.57 23 12.74%
2 China Securities Co Ltd 3.53 7 9.84%
3 Morgan Stanley 3.39 11 9.44%
4 CITIC Securities 3.29 11 9.18%
5 Goldman Sachs 1.70 13 4.75%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 7.00 39 7.75%
2 HSBC 5.95 51 6.59%
3 UBS 4.45 28 4.93%
4 BofA Securities 4.36 17 4.82%
5 JPMorgan 4.08 27 4.52%

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