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bangkok bank bond issue

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https://www.intellinews.com/bangkok-bank-plans-750mn-bond-issue-as-bbl-holds-steady-465617/

The Thai lender plans to raise $750mn through a two-tranche US dollar-denominated bond issue. The planned sale highlights Bangkok Bank's continued access to international funding markets and could further support its liquidity and financing position.

MarketScreener data puts the average analyst target for BBL at THB201.85, around 5.1% above its latest closing price. This indicates that the shares are trading relatively close to the level analysts currently expect.

Investors are also likely to monitor the bank's earnings, capital position and asset quality as they assess whether its recent share-price gains can continue. The 13.27% year-to-date increase has given BBL a relatively strong performance in Thailand's banking sector.


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