Laos issues first US$ notes in Thailand
Laos’ Finance Ministry has issued its first US dollar-denominated floating-rate notes in Thailand, worth $182 million (about Bt6.5 billion).
The dual-tranche issuance was rated “BBB+” by Tris Rating on December 9. The maturities are 10 and 12 years and the coupons are six-month Libor (London Interbank Offered Rate) plus 3.38 percentage points and 3.48 percentage points.
