Moody's assigns Baa1 to Siam Commercial Bank's USD note drawdown
Singapore, January 23, 2017-- Moody's Investors Service has assigned a Baa1 long term rating to the USD-denominated senior unsecured notes proposed by Siam Commercial Bank Public Company Limited and to be issued under its US $3.5 billion Global Medium Term Note program. The bonds will have a maturity of 5.5 years and will be listed on the Singapore Stock Exchange. The drawdown will be from SCB's Cayman Islands branch.
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