5월 7, 2018
Microfinance firm Hattha Kaksekar Limited (HKL) and a World Bank lending arm have become the first institutions to announce a proposal for a corporate bonds issuance in Cambodia, spearheading the use of a new tool for businesses to raise capital.
Since the Securities and Exchange Commission of Cambodia (SECC) – the regulator of Cambodia’s capital market – finalised regulations around corporate bonds in August, the commission has hinted at heightened interest among businesses seeking approval to make use of the financing tool.
In a statement dated Wednesday, the International Finance Corporation (IFC), a World Bank Group subsidiary focusing on private-sector investment in developing countries, disclosed a proposal to invest up to $20 million in riel bonds issued by HKL.
In the statement, the IFC said it would leverage its global experience in local bond issuances to help HKL issue the first corporate bonds in the country.https://www.phnompenhpost.com/business/wb-proposes-cambodias-1st-corporate-bonds-issue