Bangkok Bank and Asian Property sell B1.5 B in debentures

Bangkok Bank and Asian Property Development celebrated the success of the sale of the company’s 3.6-year debentures of Baht 1.5 billion.

The debentures, which have been assigned credit rating of A-, offer a return of 4.5 percent per annum in the first three years and 5.8 percent per annum for the final six months. Interest will be paid every three months.

Proceeds raised from the issuance of the debentures will be used to repay loans, redeem debentures, purchase land for development, support business operations, and reduce interest rate volatility risk in the long term.

Follow the link for more news on

Also Read

UnionBank unveils fully digital personal loan application process

BofA sees 60% surge in QR sign-ups for CashPro platform

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit