trending Market Intelligence /marketintelligence/en/news-insights/trending/ZjgFLmycVy1Htvjesvf8gg2 content esgSubNav
In This List

Bank of Ayudhya to redeem debentures

Blog

Banking Essentials Newsletter: December 7th Edition

Blog

Banking Essentials Newsletter: December 7th Edition

Blog

Spotlight on sustainability: How banks can overcome the challenges of achieving net-zero emissions by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears


Bank of Ayudhya to redeem debentures

Bank of Ayudhya PCL received approval from the Bank of Thailand to redeem 14.84 billion Thai baht of debentures issued in 2012.

The lender will redeem Nov. 7 the 14,843,600 units of subordinated debentures with a face value of 1,000 baht each, it said in an Oct. 6 release. It is exercising its right to redeem the instruments five years before the end of their 10-year tenor.

As of Oct. 5, US$1 was equivalent to 33.38 Thai baht.