Siam Commercial Bank

Asset World Corp, the property and hospitality firm, has raised Bt48bn ($1.57bn) from Thailand’s largest IPO by a private company.

Thai real estate owner and developer Asset World Corp has hit the market with a Bt41.7bn ($1.36bn) IPO, set to be the country’s largest listing by a private company, according to a term sheet seen by GlobalCapital Asia.

Are Asian investors ready to embrace duration again? Oil India and Siam Commercial Bank (SCB) proved there is clear demand, rolling out a pair of 10 year bonds on Tuesday. SCB also added a five year tranche.

Thailand’s Strategic Hospitality Extendable Freehold and Leasehold Reit is set to launch a Bt3.96bn ($120m) sale of new units next month.

Digital Telecommunication Infrastructure Fund has raised Bt53.2bn ($1.7bn) after pricing a sale of new units at the top of guidance, according to a banker on the deal.

CP All, a unit of Charoen Pokphand Group, has raised Bt10.1bn ($324.6m) from a block sale of Siam Makro shares, boosting the size on the back of long-only demand, according to a source close to the deal.

CP All is selling a chunk of shares in Thai firm Siam Makro through an accelerated bookbuild worth up to Bt7.1bn ($229m), according to a term sheet seen by GlobalCapital Asia.

Thailand’s Gulf Energy Development Co has priced its IPO at the top of guidance, raising Bt23.9bn ($730.4m) from the largest corporate listing in the country in over a decade.

Thailand’s Gulf Energy Development Public Co has kicked off bookbuilding for a potential Bt23.9bn ($726.3m) IPO, set to be the largest listing in the country in nearly three years.

Siam Commercial Bank closed its second dollar deal of the year on Thursday, leveraging on its rarity value as a Thai credit in the debt market, while also navigating a surprise hiccup near the end of bookbuilding.

Thailand’s Siam Commercial Bank is courting investors for a dollar bond, to be sold through its Cayman Islands branch, while China Minsheng Banking Corp is also marketing a transaction through its Hong Kong arm.

Gulf Energy Development Public Co is drumming up interest for its IPO to raise around $500m, with the launch expected later this month.