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TMB Bank’s USD400m PNC5 marks first Thai AT1 bond

26 Nov 2019

After a 3-year hiatus from the market, Thailand’s seventh largest bank TMB Bank (Baa1/BBB-/BBB-) returned with a USD400m PNC5 AT1 deal on Monday (25 November), marking the first AT1 deal issued by a Thai issuer. The new

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