Bangkok Expressway seen set for positive 2-year catalysts
Market talk says Bangkok Expressway and Metro likely has positive catalysts over the next two years. Ttb wealth securities’ Saksid Phadthananarak expects bondholder approval this month to raise the debt covenant ratio to 3.0x from 2.5x.
Bangkok Expressway and Metro likely has positive catalysts over next 2 years, ttb wealth securities' Saksid Phadthananarak says in a report.
The transport company is expected to secure bondholder approval this month to raise debt covenant ratio to 3.0x from 2.5x, easing concerns over potential cash…