LAEM CHABANG

Issued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn 2.83% interest per annum, both payable semi-annually.

The Port Authority of Thailand has confirmed that Hutchison Port Holdings (HPH) has won another berth at the port of Laem Chabang. This latest, a multipurpose berth, gives HPH concessions on eight berths. The 30-year concession was won with a US$66m bid.