Thai Life Insurance prepares for $1b IPO in country's biggest this year

Thai Life Insurance prepares for $1b IPO in country's biggest this year

Stock prices are displayed on an electronic stock board at the Stock Exchange of Thailand (SET) in Bangkok, Thailand, on Friday, June 22, 2018. Photographer: Brent Lewin/Bloomberg

Thai Life Insurance is starting to meet investors ahead of a planned $1-billion initial public offering (IPO) that would be Thailand’s largest in 2022, according to a term sheet seen by Reuters.