Corporate debenture repayments are under the watchful eyes of the Finance Ministry, according to a statement by Lavaron Sangsnit, its permanent secretary. The ministry, along with the Bank of Thailand (BoT) and the Securities and Exchange Commission (SEC), are vigilantly monitoring potential defaults on maturing debentures.
In a recent evaluation, it emerged that only a single company was struggling to secure funds to repay debentures. Lavaron reassured that the ministry and associated agencies are prepared to promptly intervene should a default occur.
In Lavaron’s view, the capital market is in a position to uphold financial stability. However, a previous announcement by the central bank noted that more corporate issuers are getting negative outlooks or rating actions than in the past, due to enterprise-specific internal factors.
The bank added that investors might exhibit…
