Bangkok Bank Public Company Limited $1.2 Billion Tier 2 Subordinated Notes Offering

Davis Polk advised the joint lead managers in connection with a drawdown under the $5 billion Global Medium-Term Note Program of Bangkok Bank Public Company Limited consisting of a Rule 144A/Regulation S offering by Bangkok Bank, acting through its Hong Kong branch, of $1.2 billion aggregate principal amount of 3.733% Tier 2 subordinated notes due 2034.

Bangkok Bank is the largest commercial bank in Thailand by total deposits and shareholders’ equity attributable to its owners and one of the leading commercial banks in Southeast Asia. In addition to an extensive branch network in Thailand, Bangkok Bank operates through branches or subsidiaries in Cambodia, the People's Republic of China, Hong Kong, Indonesia, Japan, Laos, Malaysia, Myanmar, the Philippines, Singapore, Taiwan, the United Kingdom, the United States and Vietnam.

The Davis Polk corporate team included partner Gerhard Radtke and registered foreign lawyers I. Danni Lin, Andrea Feuer and Qi Zhang. Counsel Alon Gurfinkel and associates Omer Harel and Summer Xia provided tax advice. Associate Matthew R. Silver provided Investment Company Act advice. Members of the Davis Polk team are based in the Hong Kong, New York and London offices.