Siam Piwat finalizes an interest rate for its Perpetual Bond at 5.50 per cent per annum for the first five years, payable quarterly. The bonds will be offered to institutional and high net worth investors during August 4-5 and 8-9, showcasing the strength of the company’s long-standing success of business operations for the past 63 years as a world-class real estate and retail developer.

Kasikornbank Plc (KBank) is preparing to issue perpetual bonds worth $500 million (approximately Bt16 billion) at 5.275 per cent interest with a five-year term to add funds to its tier 1 capital, a news source revealed.