By Marisa Wong
Los Angeles, July 16 – PTT Treasury Center Co. Ltd. issued $700 million of 3.7% senior notes due 2070 (Baa1/BBB+) guaranteed by PTT PCL on Thursday, according to a notice.
BNP Paribas, Citigroup Global Markets Inc., Hongkong and Shanghai Banking Corp. Ltd., Singapore Branch and Standard Chartered Bank (Singapore) Ltd. are bookrunners for the Regulation S and Rule 144A offering.
The notes were issued under the company’s $2 billion medium-term note program.
PTT is an oil and gas company based in Bangkok.
| Issuer: | PTT Treasury Center Co. Ltd.
|
| Guarantor: | PTT PCL
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| Issue: | Senior notes
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| Amount: | $700 million
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| Maturity: | July 16, 2070
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| Bookrunners: | BNP Paribas, Citigroup Global Markets Inc., Hongkong and Shanghai Banking Corp. Ltd., Singapore Branch and Standard Chartered Bank (Singapore) Ltd.
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| Coupon: | 3.7%
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| Settlement date: | July 16
|
| Ratings: | Moody’s: Baa1
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| S&P: BBB+
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| Distribution: | Regulation S and Rule 144A
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