Groups unite to help SMEs issue bonds
Goal is to remove obstacles to funding
- Published: 23 Aug 2012 at 00.00
- Newspaper section: Business
Local ratings agencies and capital market organisations yesterday joined hands to launch an initiative encouraging small and medium-sized enterprises (SMEs) to raise funds through the bond market.
From now until December, companies with assets of less than 2 billion baht will be offered reduced listings, ratings and issue fees as an incentive to draw small firms to diversify their capital structure and issue debentures.
Vorapol Socatiyanurak, secretary-general of the Securities and Exchange Commission (SEC), said about 3 million non-listed companies and 200 listed companies currently have difficulty accessing the bond market.
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