Kasikornbank (SET:KBANK) issued $800 million of 6.278% tier 2 subordinated bonds due 2036 to overseas institutional investors, according to a Friday filing with the Thailand Exchange.
The bonds were issued through its Hong Kong branch under its $4 billion euro medium-term bond program and carry a 10-year tenure.
Moody's Investors has assigned the bonds a Ba1 credit rating.