1 October, 2020
Davis Polk advised the joint bookrunners in connection with a drawdown under the $7 billion global medium-term note program of Bangkok Bank Public Company Limited consisting of a Rule 144A/Regulation S offering by Bangkok Bank, acting through its Hong Kong branch, of $750 million aggregate principal amount additional Tier 1 subordinated perpetual notes.
Bangkok Bank is the largest commercial bank in Thailand by total deposits and shareholders’ equity attributable to its owners and one of the leading commercial banks in Southeast Asia. In addition to an extensive branch network in Thailand, Bangkok Bank operates through branches or subsidiaries in Cambodia, the People's Republic of China, Hong Kong, Indonesia, Japan, Laos, Malaysia, Myanmar, the Philippines, Singapore, Taiwan, the United Kingdom, the United States and Vietnam.
The Davis Polk corporate team included partner Gerhard Radtke, registered foreign lawyer Jennifer (Yujia) Jiang and associate Christy Chan. Counsel Alon Gurfinkel and associate Summer Xia provided tax advice. Counsel Charles Shi provided ERISA advice. Associate J. Taylor Arabian provided investment company act advice. Members of the Davis Polk team are based in the Hong Kong, New York and London offices.
