Thai distressed asset manager BAM plans to raise up to $888m in IPO

Thai distressed asset manager BAM plans to raise up to $888m in IPO

Bangkok, Thailand. Photo: Pixabay

Bangkok Commercial Asset Management (BAM), Thailand’s largest distressed debt management company, is pricing shares for its initial public offering (IPO) next week at 15.5-17.5 baht ($0.51-$0.58), the company said on Friday.