SSI's B43bn debt worries investors | Bangkok Post: business

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SSI's B43bn debt worries investors

A debt of 43 billion baht owed by Thailand's largest hot-rolled coil steelmaker, Sahaviriya Steel Industries (SSI), is placing pressure on its major lenders' share prices, says Woraphon Wiroonsri, an analyst at Maybank Kim Eng Securities.

The three major lenders are Krung Thai Bank (KTB), Siam Commercial Bank (SCB) and Tisco Bank.

The analyst said concerns for investors include SSI's poor performance and potential problems for liquidity.

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