The Government of Thailand last week held roadshows in Bangkok for its debut securitization, which will help fund construction of a huge office complex set to house several state departments in the Chaeng Wattana district of the capital.

Officials from the Ministry of Finance and state-owned Thanarak Asset Development Co., which is in charge of the project, met with investors over an initial THB9.5 billion ($232.6 million) offering. The Ministry of Finance hopes to raise an additional THB14.5 billion through two follow-up deals in the next two years.

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