Thailand awards massive securitization mandate

The Ministry of Finance formally mandates Bangkok Bank, the Government Savings Bank, TMB and HSBC for the country''s first major government securitization.
May 04, 2005

The Thai government will formally announce today or tomorrow that it has appointed a group of four banks to lead the Bt24 billion ($600 million) securitization deal that will finance the construction of a new government office complex.

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