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Devonshire Capital
July 2004
Successful placement of THB 1.17 billion NHA
debentures for the NHA SPV Company Limited
Devonshire Capital is pleased
to announce the successful closure of the 2nd lot placement of 20-year
amortising debentures issued by NHA SPV Company Limited amounting
to THB 1.17 billion and to a series of short-term debentures rollover
programs issued by Osprey Series II Company Limited of the same
value.
Devonshire Capital was the advisor for this securitization
of residential hire-purchase assets for and on behalf of the Thai
National Housing Authority, a government entity established to develop
housing for low to middle income Thai nationals.
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