Bangkok, Thailand – 3 October 2024 – Chandler MHM advises Muangthai Capital Public Company Limited (MTC) on the issuance of its USD social bond which was subscribed solely by the International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets.
MTC, as a leading non-bank financial institution in Thailand, has a goal to be a leading model in microfinance, to support the development of an equitable society. MTC is the first Thai non-bank financial institution to issue a gender-inclusive social bond to support access to credit for small businesses owned or led by women, particularly those without access to mainstream financial services. This would also enable women to reach their full potential to participate in growing the economy which will ultimately support Thailand in achieving its goal of becoming a high-income country by 2037.
The team from Chandler MHM was led by Doungporn Prasertsomsuk, Partner. She was supported by Tip-apa Limvichai, Partner, Varisa Soonyakanit, Senior Associate, and Pradchayada Maneeratanapron, Associate.
Doungporn Prasertsomsuk commented “We are proud to have supported MTC on the issuance of this unique bond given the difference it will make in supporting women in Thai society”.
Doungporn Prasertsomsuk is recognised as a leader in the Thai market for debt capital markets and is ranked top tier by independent global legal publications.
For media inquiries, please contact: Business Development at bd@mhm-global.com
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October 3, 2024