Thailand

Electricite du Laos Generation Public Company (EDL Gen), which started bookbuilding for its debut dollar bond in Thailand last Friday, has settled on raising $312m from three tranches, according to a source.

Electricite du Laos Generation Public Company (EDL Gen) has started building books for a $300m bond it is looking to price in Thailand on September 2. The deal is progressing well, attracting interest from a wide array of investors including high net worth individuals.

Electricite du Laos Generation Public Company (EDL Gen) is looking to sell a $300m bond in Thailand late next week, and has mandated two banks to lead the deal.

Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, has signed up Siam Commercial Bank as its first client in Thailand for a credit valuation adjustment (CVA) solution.

The Stock Exchange of Thailand (SET) is expecting IPO issuance to stay robust in the second half of the year, capping a solid 2016 amid an increasing backlog of firms filing for first time share sales.

The Thai government has hired three local and two international banks to work on the planned Bt100bn ($2.8bn) listing of the Thailand Future Fund (TFF), which sources said is slated to hit screens next year.

CP Pokphand, the investment arm of Thai firm Charoen Pokphand Group, has sealed a $600m borrowing to repay a loan raised in 2012.

Thailand's PTT Exploration & Production (PTTEP) is sounding out holders of its existing 2018s for a cash buyback offer.

Thailand’s Ministry of Finance is expected to select a financial adviser as early as next week for the IPO of the country’s Future Fund, which will finance government projects.

Thailand’s Berli Jucker is planning to raise up to Bt214bn ($6.0bn) by issuing fresh equity and selling new bonds, in a bid to pay off debt used for its acquisition of hypermarket operator Big C Supercenter, according to a statement on Thursday.

TPI Polene Power is looking to list on the Stock Exchange of Thailand via leads CIMB, Maybank and Tisco Securities.

Thai department store operator Central Group is understood to have enlisted two lenders for a loan of about $1bn to back its acquisition of Big C Vietnam.