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“These deals are based on local assets that investors can see for themselves, which makes them quite attractive at the moment compared with cross-border transactions” |
Few more worrying things could happen while you’re selling a programme securitizing government-owned assets than a military coup but this was the exact situation Kyson Ho, director of ABS and structured bonds at HSBC, faced in 2006 when book-building for a Bt24 billion ($761.8 million) ministry of finance-sponsored deal for Thailand.
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