The fixed-rate bonds, with maturities of three and five years, will allow Yoma to optimise its debt maturity profile, says the company.
Yoma Strategic Holdings (SGX:Z59
) has announced that it will raise THB1.7 billion ($65.2 million) through a second Thai bond issuance on Nov 22 in the form of a Thai Baht denominated guaranteed bond offering.
According to Yoma, the bonds have been rated AAA by TRIS Rating, a partner of S&P Global Ratings, and are fully guaranteed by the Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank.
