Gulf Energy Development SET IPO

6/12/2017
IPO

Bt 23.5 billion

$ 704 million

Completed

6/12/2017


Overview:

  • Gulf Energy Development has undertaken an IPO on the Stock Exchange of Thailand (SET).
  • The company sold 533.3 million shares raising Bt23.5 billion.
  • Gulf Energy Development is a power producer with installed capacity of 4772.1MW.
  • Bank of America Merrill Lynch and UBS were the international bookrunners. Bualuang Securities, Kasikorn Securities and SCB Securities were the Thai underwriters.

Sam Duke - Editor

Jurisdiction:

Thailand

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sector:

Energy


Firm:

Party: Bank of America Merrill Lynch (Bookrunner)

Party: UBS (Bookrunner)

Party: Bualuang Securities (Underwriter)

Party: Kasikorn Securities (Underwriter)

Party: SCB Securities (Underwriter)

Lawyer: Posit Laohaphan