What? TC looking @ bonds?
Yes, for $hits and giggles…given that there’s been a lot of noise about companies being unable to rollover/payback their bonds, well it’s probably prudent to be paying attention to this section of Thailand’s capital markets.
And as I like to laugh that MQDC is the next STARK/JKN to be unable to pay back it’s bonds…well let’s have a quick look….
First things first, here are the data sources:
So what?
So that’s a total of THB 1.1 trn due from now until the end of next year. When you go through the list of companies, well there isn’t too much to fear imo. Just a slightly higher cost of interest by +1% from where they are today. Impact upon most of the companies should be minimal…but here are two that caught my eye…
That’s Ananda Development, that’s THB 7 bn to roll over next year,…
