Capital Law Advised BAY on the Underwriting of THB 6 Billion Debentures of SPALI Under THB 44 Billion MTN Program

  • Posted On 2025.03.26

We are pleased to announce that Bank of Ayudhya Public Company Limited, in its capacity as joint lead arranger, successfully completed the underwriting of three tranches of Debentures No. 1/2568 issued by Supalai Public Company Limited, worth up to a total of THB 6,000 million under the Medium-Term Note (MTN) Program B.E. 2567, worth up to THB 44 billion. The issuance comprised three tranches—Tranche 1 Due B.E. 2569, Tranche 2 Due B.E. 2570, and Tranche 3 Due B.E. 2571—structured in accordance with the approved Terms and Conditions and the Supplementary Terms and Conditions dated 20 March 2025, ensuring full regulatory compliance and effective risk mitigation.

We provided comprehensive legal support for the transaction, ensuring that all key documents and agreements were thoroughly reviewed and that the issuance was executed in full regulatory compliance. This diligent legal work helped ensure the smooth execution of the issuance, reinforcing our commitment to delivering market-responsive and fully compliant solutions.

The transaction was led by Patraporn Milindasuta and Choladda Busabong, with key contributions from Wimol Jatesadavanich, Pitchayaporn Thongkum and Rachata Banphasorn.