US$200m FRCD offered

PUBLISHED : Wednesday, 30 November, 1994, 12:00am
UPDATED : Wednesday, 30 November, 1994, 12:00am
 

THAI Military Bank, the country's sixth largest commercial bank, has launched a US$200 million floating-rate certificate of deposit (FRCD) issue, maturing in 2000.


The FRCDs would be deposited in two equal amounts, said Bank Brussels Lambert Singapore, one of the FRCD's eight arrangers. The deal would be issued through Thai Military Bank's Cayman Islands branch.


The issue would mature five years from deposit date, which probably would be January and June next year respectively.


Share

 

Send to a friend

To forward this article using your default email client (e.g. Outlook), click here.

US$200m FRCD offered

Enter multiple addresses separated by commas(,)

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive