On Jan 10, 2023
“GuarantCo provides Royal Railway Cambodia with a USD 24 million bond guarantee to invest in the national railway system ”
SBI Royal Securities, a leading securities firm in Cambodia, acted as the sole mandated lead arranger of the bond.
Seng Chan Thoeun, CEO of SBI Royal Securities, said:
“This transaction witnesses the very important role of the capital market in supporting financing for infrastructures such as railway, affordable house, telecom, renewable energy project, hospital, etc. Being the first floating rate bond listed on the exchange, we are having another innovative financing structure to support local corporates. Furthermore, given that Cambodia requires significant investment in infrastructure to sustain its economic growth, SBI Royal Securities will replicate this bond structure to assist the burgeoning of infrastructure sector”.
Read full article: GuarantCo
