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Published on 5/21/2007 in the Prospect News Emerging Markets Daily.

Thailand's IRPC talks $250 million 10-year bonds at mid-swaps plus 115-120 bps

By Reshmi Basu

New York, May 21 - IRPC plc set price guidance for an expected $250 million offering of 10-year notes (Baa3/BBB-) at mid-swaps plus 115 to 120 basis points, according to a market source.

Barclays Capital and Citigroup are joint bookrunners for the Regulation S transaction.

Bangkok-based IRPC, formerly known as Thai Petrochemical Industry, is a petrochemical producer.


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