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Thailand's Sahaviriya Steel plans to double debentures issue to $300 million equivalent
By Reshmi Basu
New York, Oct. 7 - Sahaviriya Steel Industries PCL said it plans to ask for shareholder approval to double the size of its proposed debentures issue to a maximum amount of $300 million equivalent in Thai bahts.
The tenor on the issue will not exceed 10 years, the company said in a release.
The Bangkok-based company makes hot-rolled steel.
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