Mr. Bundit Sapianchai, Director and Acting President of Export-Import Bank of Thailand (EXIM Thailand), revealed that EXIM Thailand was highly successful in the issuance and offering of two tranches of THB bonds on June 20, 2025. The bond issuance received an overwhelmingly response from institutional investors and high-net-worth investors (II/HNW), with subscriptions totaling over 2.4 times the issue size of 6,000 million baht. This reflects investors' confidence in EXIM Thailand as a state-owned specialized financial institution under the supervision of the Ministry of Finance, and in the Bank's mission to support and promote Thai entrepreneurs' export and investment in both domestic and overseas, and to drive sustainable development. This bond issuance has represented EXIM Thailand's first sustainability bond worth 3,000 million baht, continuing EXIM Thailand's journey of ESG bond issuances for four consecutive years, worth 14,500 million baht in total. This has underscored EXIM Thailand's role as a development bank across economic, social and environmental dimensions of Thailand and the world at large.
Government Savings Bank and Bank of Ayudhya Public Company Limited performed as lead underwriters for the bond issuance, comprising:
- The Sustainability Bond of EXIM Thailand, No. 1/2025, Tranche 1, due in 2028, 3-year tenor, fixed coupon rate of 1.78% per annum, and issue size of 3,000 million baht.
- The Bond of EXIM Thailand, No. 1/2025, Tranche 2, due in 2030, 5-year tenor, fixed coupon rate of 1.90% per annum, and issue size of 3,000 million baht.
"The proceeds from the sustainability bond are intended to drive green businesses (Green Bond) and foster social development (Social Bond), supporting Thailand's eco-friendly initiatives while facilitating SME's access to finance and empowering them to compete on the global front in a sustainable manner. This would bring positive economic, social and environmental impacts, and strengthen the economy from the grassroots level with greater integration into the global supply chain," said Mr. Bundit.