Buyers of Thai distressed assets plan shopping spree as debt payment holiday ends

Buyers of Thai distressed assets plan shopping spree as debt payment holiday ends

Photo: Reuters

A pandemic-exacerbated surge in Thai bad loans to nine-year highs and the end of a debt payment holiday are prompting buyers of distressed debt to embark on a shopping spree in Southeast Asia’s second-biggest economy.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter