Published on 10/2/2014 in the Prospect News Emerging Markets Daily.
New Issue: Thailand’s Phatra Leasing sells 300 million baht 3¾% bonds due 2018
By Marisa Wong
Madison, Wis., Oct. 2 – Phatra Leasing PCL said that it issued 300 million baht of unsubordinated debentures due 2018 on Wednesday.
The company sold 300,000 debentures at par of 1,000 baht to yield 3¾%.
Phatra is a vehicle leasing company based in Bangkok.
| Issuer: | Phatra Leasing PCL
|
| Issue: | Unsubordinated debentures
|
| Amount: | 300 million baht
|
| Tenor: | Three years and four months
|
| Coupon: | 3¾%
|
| Price: | Par of 1,000 baht
|
| Yield: | 3¾%
|
| Settlement date: | Oct. 1
|
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