Bangkok Bank Public Company Limited (SET: BBL) has issued US$750 million in senior and unsecured notes to offshore institutional investors under its US$12 billion Global Medium Term Note Program. The issuance expands the bank’s foreign-currency funding base and provides investors with fresh pricing signals for Thai bank credit in the international debt market.
In a filing to the Stock Exchange of Thailand on September 11, 2026, Bangkok Bank said the notes were issued on September 10 through its Hong Kong branch in two tranches, both carrying issue ratings of Baa1 by Moody’s and BBB+ by S&P.
The first tranche comprises US$450 million of five-year notes due September 10, 2031, with a fixed coupon of 5.299% per annum. Interest will be paid semi-annually on March 10 and September 10 each year, starting March 10, 2027.
The second tranche totals US$300 million of 10-year notes due September 10, 2036, with a fixed coupon of 5.796% per annum. These notes also carry semi-annual interest payments beginning March 10, 2027.
Both series were issued at 100% of face value and include an optional redemption feature, allowing the bank to redeem all or part of the notes before maturity with 15 to 30 days’ prior notice to noteholders and the trustee, subject to the terms and pricing supplements.
Morgan Stanley & Co. International plc, Citigroup Global Markets Inc., and The Hongkong and Shanghai Banking Corporation Limited acted as lead managers for the offering.
The securities were offered to overseas institutional investors and were not registered for public offering in the United States or Thailand, according to the bank’s filing.
