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Siam Cement grosses 25.00 billion baht from debt offering

The Siam Cement Public Company Ltd raised gross proceeds of 25.00 billion baht from an offering of 3.05% senior unsubordinated unsecured debentures due Oct. 1, 2021.

Bangkok Bank PCL, Bank of Ayudhya PCL, Kasikornbank PCL, Krung Thai Bank PCL and Siam Commercial Bank PCL were the lead underwriters.

As of Oct. 2, US$1 was equivalent to 33.42 baht.