Bangkok--18 Nov--Bangkok Bank
Bangkok Bank President Chartsiri Sophonpanich (right) and Senior Executive Vice President Chansak Fuangfu (left), together with ICBC (Thai) Chairman of the Board of Directors Dr. Li Zhigang (2nd from right), and Chief Executive Officer Mr. Lu Jian (2nd from left), joined the celebration for the successful issue of Baht 2.735 billion in ICBC (Thai) debentures. The ICBC (Thai) debentures 1/2558, which have two-year terms and mature in 2017, were offered to institutional investors. The debentures were rated AAA (Tha) by Fitch ratings and have a coupon rate of 2.08% per annum, which will be paid every 6 months on 13 May and 13 November. The final instalment of interest and principal will be paid on the maturity date.