By Christine Van Dusen
Atlanta, July 14 - PTTEP Australia International Finance Pty Ltd. priced $500 million 4.152% notes due July 19, 2015 at par to yield 4.152%, or Treasuries plus 230 basis points, an informed market source said.
Price talk was set at Treasuries plus 230 to 240 bps.
RBS and Credit Suisse were the bookrunners for Rule 144A deal.
Proceeds will be used for general corporate purposes and for funding the company's Montara project in Australia.
PTTEP Australia International Finance is a subsidiary of Bangkok-based PTT Exploration and Production PCL.
| Issuer: | PTTEP Australia International Finance Pty Ltd.
|
| Amount: | $500 million
|
| Maturity: | July 19, 2015
|
| Bookrunners: | RBS, Credit Suisse
|
| Coupon: | 4.152%
|
| Price: | Par
|
| Yield: | 4.152%
|
| Spread: | 230 bps over Treasuries
|
| Trade date: | July 14
|
| Settlement date: | July 19
|
| Distribution: | Rule 144A
|
| Price talk: | Treasuries plus 230 to 240 bps
|
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