LAOS SELLS FIRST SOVEREIGN BOND - THB1.5BN 4.5% 3-YEAR DEAL

Newswire

By Kit Yin Boey SINGAPORE, May 29 (IFR) - The Lao People's Democratic Republic will print its first international bond tomorrow after it successfully sold a THB1.5bn (USD50m) three-year bond. The transaction will also be the first unrated sovereign or quasi-sovereign credit to be issued in the baht-denominated bond market, and will support Thailand's aim to establish its image as a viable regional debt capital hub. The notes were priced at a yield ...

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