Bangkok Bank raises $750m from maiden AT1

By Morgan Davis
16 Sep 2020

Bangkok Bank sold its first Basel III-compliant additional tier one dollar bond on Tuesday, making it a rare bank capital offering from Thailand.

The transaction, which was sold by Bangkok Bank’s Hong Kong branch, follows fellow Thai bank TMB Bank Public Co’s $400m AT1 sale in November 2019. Last September, Bangkok Bank priced a $1.2bn tier two bond as well.

Bangkok Bank announced the mandate for its AT1 ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial