With encouragement from the Cambodian government, microfinance institution Hattha Kaksekar Limited (HKL) recently issued the first corporate bonds ever on the Cambodian Securities Exchange (CSX). The issue raised the USD equivalent of 30 million
Tag: HKL
MICROCAPITAL BRIEF: Hattha Kaksekar Limited (HKL) Approved to Issue $20m in Bonds to Support Microfinance in Cambodia
Having received approval from the Securities and Exchange Commission of Cambodia, Hattha Kaksekar Limited (HKL), a Cambodian microfinance institution, is set to become the first company in the country to issue corporate bonds. The initial offering will be for KHR 80 billion (USD 19.7 million) with