ThaiBev taps baht bond market with $2b offering, to refinance Sabeco acquisition debt

ThaiBev taps baht bond market with $2b offering, to refinance Sabeco acquisition debt

Billionaire Charoen Sirivadhanabhakdi, chairman of Thai Beverage Pcl, speaks with guests as he attends a charity event in Bangkok, Thailand, on Wednesday, Oct. 15, 2014. Photographer: Dario Pignatelli/Bloomberg

Thai Beverage is returning to the baht market with an ambitious plan to raise at least Bt70 billion ($2.1 billion) in Thailand’s largest corporate bond issue, just five months after its latest Bt50 billion financing.

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