Bangkok's Finspace extends roadshow for $460 million five-year notes

By Christine Van Dusen

Atlanta, May 7 - Bangkok-based Finspace SA has extended the roadshow for its planned issue of $460 million five-year senior unsecured notes (B1/B+/B+) into the May 10 week, an informed market source said Friday.

The roadshow began April 29 and will continue May 10 in London.

"It will be marketed throughout next week and then pricing," the source said.

Proceeds from the notes, which are non-callable for three years, will be used for plate mill expansion, debt refinancing, acquisitions and general corporate purposes.

Finspace is a manufacturer and fabricator of pipes and related components for use in the petrochemical sector.

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