By Marisa Wong
Madison, Wis., Aug. 8 – PTT Global Chemical PCL announced that it issued 10 billion baht of 4˝% seven-year debentures.
This is the company’s first issuance for 2014.
Proceeds will be used for strategic investment, general corporate purposes or refinancing existing debt.
The debentures have been rated AA(tha) by Fitch Ratings (Thailand) Ltd.
The petrochemical and refining company is based in Bangkok.
| Issuer: | PTT Global Chemical PCL
|
| Issue: | Debentures
|
| Amount: | 10 billion baht
|
| Maturity: | 2021
|
| Coupon: | 4˝%
|
| Settlement date: | Aug. 8
|
| Rating: | Fitch (Thailand): AA(tha)
|
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