DEBT: Bank of Ayudhya yesterday announced it would issue 10-year subordinated debentures worth 12 billion baht with a coupon fixed at 4.7%.
The offering will be made from Oct 29 to Nov 6 at BAY branches nationwide. The bank has the option to increase the issue size to 20 billion baht.
Minimum subscription is 100,000 baht. The debentures may be redeemed after five years, and are rated A+(tha) by Fitch Ratings (Thailand).
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