ABA​ Bond​ listed​ on​ Cambodia​ Securities​ Exchange

23/08/2019

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After​ the​ successful​ issuance​ earlier​ this​ month,​ the​ corporate​ bond​ of​ Advanced​ Bank​ of​ Asia​ Limited​ (ABA​ Bank)​ has​ been​ listed​ on​ the​ Cambodia​ Securities​ Exchange.​ The​ Bond​ was​ assigned​ the​ “ABAA22A”​ bond​ symbol​.

ABA​ Bond​ was​ issued​ on​ August​ 14,​ for​ the​ total​ amount​ of​ KHR​ 84.821​ billion​ (approximately​ $21​ million).​ It​ has​ the​ maturity​ of​ 3​ years​ and​ pays​ a​ coupon​ of​ 7.75%​ per​ annum.

The​ ABA​ Bond​ is​ the​ first​ corporate​ bond​ available​ for​ retail​ investors​ in​ addition​ to​ institutional​ investors.​ ABA​ Bond​ also​ becomes​ the​ first​ offer​ of​ debt​ securities​ from​ a​ commercial​ bank​ in​ the​ country​ and​ the​ first​ Cambodian​ bond​ with​ international​ ‘B’​ rating​ from​ S&P​ Global​ Ratings​ agency.​

The​ net​ proceeds​ from​ the​ bond​ issuance​ will​ support​ rural​ micro-,​ small​ and​ medium​ enterprises​ ,​ including​ women​ entrepreneurs​ in​ Cambodia.

SBI​ Royal​ Securities​ is​ the​ sole​ financial​ advisor​ and​ underwriter​ for​ this​ corporate​ bond​ issuance.​

About​ SBI​ Royal​ Securities:
SBI​ Royal​ Securities​ is​ the​ leading​ securities​ firm​ in​ Cambodia,​ offering​ a​ full​ range​ of​ investment​ services,​ which​ include​ underwriting,​ advising,​ mergers​ and​ acquisitions,​ and​ brokerage.​ In​ 2018,​ SBI​ Royal​ Securities​ was​ named​ as​ Cambodia’s​ “Best​ Corporate​ and​ Investment​ Bank”​ by​ Asiamoney​ magazine.​
Established​ in​ February​ 2010,​ SBI​ Royal​ Securities​ Plc​ (SBIR)​ became​ the​ first​ Japanese​ financial​ institution​ to​ acquire​ the​ “full​ license”​ required​ to​ operate​ a​ securities​ business​ in​ Cambodia​ from​ Securities​ and​ Exchange​ Commission​ of​ Cambodia​ (SECC).​
SBI​ Royal​ Securities​ has​ completed​ many​ historic​ transactions​ including​ the​ IPO​ of​ the​ Port​ of​ Sihanoukville​ (CSX​ listing:​ PAS),​ the​ IPO​ of​ Phnom​ Penh​ Special​ Economic​ Zone​ (CSX​ listing:​ PPSP),​ the​ first-ever​ corporate​ bond​ in​ Cambodia​ offered​ by​ Hattha​ Kaksekar​ Limited​ (CSX​ listing:​ HKL21A),​ and​ many​ other​ financing​ projects.​