Kasikornbank issued USD 800 million bonds: what it means for Kasikornbank stock

Published on 10/13/2026 at 00:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The notes carry 6.28 percent interest for 10 years. Kasikornbank stock stood at THB 231 on October 12, 2026, 11.49 percent below THB 261.

Kasikornbank issued USD 800 million of Tier 2 subordinated notes on September 18, 2026.
The notes carry a 6.28 percent annual interest rate and have a 10-year tenor.
Second-quarter net income was THB 13.25 billion, down from THB 14.67 billion in the first quarter.
The last Thailand Stock Exchange quote was THB 231 on October 12, 2026, 11.49 percent below the THB 261 yearly high.

Kasikornbank stock, banking, subordinated bonds, capital management, Thailand Stock Exchange, Illustration mit AI erstellt.

Kasikornbank had issued USD 800 million of Tier 2 subordinated notes on September 18, 2026, in a transaction designed to support capital management, according to Kasikornbank. The notes carry a 6.28 percent annual interest rate, mature in 10 years and can be called after five years.

USD 800 million supports capital planning

The bank said the notes qualify as Tier 2 capital and were issued through its Hong Kong branch. They were listed on the Singapore Exchange and received a Ba1 rating from Moody's, according to Kasikornbank.

Three dated milestones shape the picture

On May 14, 2026, Kasikornbank reported a non-performing-loan ratio of 3.19 percent, according to MarketScreener. On July 21, 2026, second-quarter net income was THB 13.25 billion, down 9.68 percent from THB 14.67 billion in the first quarter, according to Investing.com. The September 18, 2026 note issue is the latest of the three milestones.

What does the issuance mean for funding?

The transaction adds a USD 800 million capital instrument while carrying a 6.28 percent coupon, making funding cost a measurable part of the capital decision. Orders reached USD 2.6 billion, and more than 60 percent of the notes went to investors in Asia, according to Kasikornbank. The demand figure provides a counterweight to the 6.28 percent coupon because the issue attracted orders several times larger than the amount offered.

October 20 earnings date approaches

Kasikornbank's next listed reporting date is October 20, 2026, for third-quarter earnings, according to MarketScreener. That report will give investors the next periodized test of earnings after second-quarter net income of THB 13.25 billion.

KBANK stock stays below its yearly high

The last Thailand Stock Exchange quote was THB 231 on October 12, 2026 at 4:36 p.m. ICT. The price stood 11.49 percent below the 52-week high of THB 261 and 39.16 percent above the 52-week low of THB 166. Market capitalization was THB 547.3 billion as of October 12, 2026.