Kasikornbank’s inaugural USD T2 achieves tight pricing
24 Sep 2019USD800m, coupon 3.343%, due 02 October 2031 (due 02 October 2026). Reoffer 100.00,, yield 3.343%, spread T+170bp. Basel III-Compliant Tier 2 Subordinated Notes. Issuer ratings Baa1/BBB+/BBB+. Expected issue ratings Baa3//BBB. RegS. Call date 02 October 2026. Maturity 02 October 2031. UOP: GCP. Settle 02 October 2019. Denoms 200kx1k.