Singha Estate $230 million convertible bond and share issue

Overview:

• Singha Estate has issued $230 million in convertible bonds and shares.
• $180 million were issued in convertible bonds due August 2022 and $50 million in shares, equaling 400 million ordinary shares.
• Financial advisers were Credit Suisse and Krung Thai Bank.
• This is the largest Thai offering since 2014.
• Singha Estate is an investment and real estate development operator.

Katrin Kostadinova - Data analyst