Foreign firms selling baht bonds face new rules

December 8, 2023

Requirement for a rating by an international agency could affect fund-raising by Thailand’s neighbours

PUBLISHED : 8 Dec 2023 at 17:06

The 130-megawatt Nam Khan 2 hydropower dam in Luang Prabang is among numerous power projects operated by EDL-Generation (EDL-Gen), which is 51% owned by the government of Laos. Fund-raising for future power projects by EDL-Gen could be affected by new Thai rules for bond issuers. (Photo: EDL-Gen)

Thailand plans to…