Muangthai Capital Public Company Limited, or MTC, has won the Best Social Bond – Thailand award at The Asset Triple A Awards for Sustainable Finance 2026. This reflects the success of its Singapore dollar-denominated social bond issuance, totaling 129 million Singapore dollars, marking a significant step in raising funds in international capital markets. Standard Chartered Bank acted as the sole coordinator and bookrunner. The bonds are senior unsecured notes with tenors of three and five years, issued under Reg S format and guaranteed by the Credit Guarantee and Investment Facility, or CGIF, with support from the Asian Development Bank. This is MTC's first Singapore dollar bond issuance, the first SGD-denominated bond guaranteed by CGIF for a Thai listed company, and the first social bond offered to the public in Singapore by a non-bank financial institution from Thailand. The company will use the proceeds to support lending under its Social Bond Framework, creating access to financial services for individuals and micro-entrepreneurs, in line with the United Nations Sustainable Development Goals.
Muangthai Capital Public Company LimitedWon Best Social Bond award for SGD-denominated issuance, enhancing reputation and access to international capital markets.
Standard Chartered PLCActed as sole coordinator and bookrunner for MTC's social bond issuance, generating fee income and showcasing expertise.