Thai Union Prices Sustainability-Linked Bond, a First for Thailand
Thai Union has priced a THB 5 billion (US $152 million) seven-year senior, unsecured Sustainability-Linked Bond (SLB) for institutional investors. The SLB carries an interest rate of 2.47 %. p.a. and was issued on July 20.
The SLB is the first to be launched in Thailand and comes a few months after the company announced its first Sustainability-Linked Syndicated Loan (SLL) in Thailand and Japan.
TRIS Rating Co., Ltd. rated the bond as “A+” with a “Stable” outlook on July 16, 2021...
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