Bangkok--Feb 1--EXIM Thailand
Export-Import Bank of Thailand (EXIM Thailand) in cooperation with BNP PARIBAS and Mitsubishi Securities (HK), as joint lead managers sign contracts to issue EXIM Thailand’s floating rate notes worth totally 150 million US dollars, on January 31, 2005, at EXIM Thailand Head Office.
Mr. Sataporn Jinachitra, EXIM Thailand President, revealed that the 150 million US dollars floating rate notes represent the Bank’s international fundraising for use in its operation and revolving capital in facilitating the business undertaking of Thai export entrepreneurs and invertors investing overseas, regarded as the key mechanism to Thailand’s sustainable economic development.
According to EXIM Thailand President, the maturity of the 150 million US dollars bond this time is five years, due 2010. It is expected to be well-received as EXIM Thailand is a state-owned financial institution with high stability, credibility, and operating results in a satisfactory level. Moreover, according to its business plan in 2005-2010, the Bank will carry out its role in actively training new exporters and supporting the business expansion of Thai exporters and investors investing overseas, which will further help the country to gain foreign exchange earnings.
For further information,
please contact Public Relations Division,
Office of Top Management
Tel. 0-2271-3700, 0-2617-2111, 0-2278-0047 ext. 1142-1146 End.