ADB Supports Thailand’s First Sustainability-Linked Sovereign Bond Issuance, Raising $880M ...Middle East

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ADB Supports Thailand’s First Sustainability-Linked Sovereign Bond Issuance, Raising $880M
source : Devdiscourse ( Middle East ) () 99
The Asian Development Bank (ADB) has assisted Thailand’s Public Debt Management Office (PDMO) in issuing Asia's first sustainability-linked sovereign bond (SLB). This marks the third SLB issuance in the world, following those of Chile and Uruguay. The bond, which was issued on November 25, 2024, raised 30 billion baht (approximately $880 million) and was oversubscribed by more than 2.7 times, attracting interest from both local and international institutional investors.

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