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Published on 7/13/2010 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

Australia's PTTEP on roadshow for planned senior note offering

By Christine Van Dusen

Atlanta, July 13 - PTTEP Australia International Finance Pty Ltd. is on a roadshow for a planned offering of senior unsecured notes (A3), a market source said.

RBS and Credit Suisse are the bookrunners for the deal, which is being marketed in the United States this week.

Proceeds will be used for general corporate purposes and for funding the company's Montara project in Australia, according to a Moody's Investors Service report.

PTTEP Australia International Finance is a subsidiary of Bangkok-based oil and gas producer PTT Exploration and Production PCL.


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