Thailand taps onshore sustainable bond

Santiago metro, Chile, underground, train, LatAm, 575, transport
By Morgan Davis
25 Nov 2020

The Kingdom of Thailand raised Bt20bn ($659.5m) from a syndicated bond on Tuesday, tapping its 15 year sustainable deal.

The original transaction was worth Bt30bn in August and the proceeds were split between Covid-19 response and funding Thailand's Orange Line (East) rail project. The tap was exclusively used to fund the latter, which is part of the country's Mass Rapid Transit system.  

The sovereign ...

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