KBank launches SE Asia’s first sustainability bonds

Corporate October 22, 2018 16:46

By The Nation

Kasikornbank has successfully launched sustainability bonds totalling US$100 million (Bt3.27 billion), bank president Kattiya Indaravijaya said on Monday.



The entire amount has been offered to foreign institutional investors via KBank’s Hong Kong branch. 

The proceeds from the bonds, which are the first-ever sustainability bonds issued in Southeast Asia, will be used to finance green and social projects, Kattiya said.