Dr. Paopoom Rojanasakul, Deputy Minister of Finance, congratulated Mr. Bundit Sapianchai, Chairman of the Board of Executive Directors, Export-Import Bank of Thailand (EXIM Thailand); Dr. Warotai Kosolpisitkul, Chairman of EXIM Thailand's Risk Oversight Committee; and Dr. Rak Vorrakitpokatorn, EXIM Thailand's President; along with Mr. Kenichi Yamato, President and Chief Executive Officer of Bank of Ayudhya Public Company Limited (BAY); Ms. Paphakorn Ratanasate, Senior Executive Vice President, Investment and Financial Management Group, Government Savings Bank (GSB); Mr. Kosintr Puongsophol, Financial Sector Specialist, Economic Research and Regional Cooperation Department, Asian Development Bank (ADB); and representatives of investors and customers of EXIM Thailand at a press conference to announce the notable success of EXIM Thailand's issue and offering of a Blue Bond, with BAY and GSB as lead underwriters at EXIM Thailand's Head Office on July 26, 2024.
As the first THB Blue Bond ever issued by a Thai financial institution, this Blue Bond carries a 3-year tenor, issue size of 3,000 million baht and a fixed coupon rate of 2.78% per annum under the sustainable finance framework worked out by the ADB as the Advisor, certified by DNV (Thailand) Co., Ltd. which is a world leading standard certification organization, and with credit ratings assigned by Fitch Ratings at AAA. This has reflected EXIM Thailand's strong and healthy financial standing. The Blue Bond aims to raise funds for the Bank's lending to businesses dedicated to protection of marine and coastal resources and embracing the "IGNITE THAILAND" vision and government policy to drive sustainable development in economic, social, and environmental dimensions.
Source: Export-Import Bank of Thailand