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Published on 5/17/2004 in the Prospect News Emerging Markets Daily.

Thailand's PTT PCL plans to issue $400 to $500 million bonds

By Reshmi Basu and Paul A. Harris

New York, May 17 - PTT PCL is planning a $400 to $500 million bond offering, according to market sources.

Citigroup, Deutsche Bank and JP Morgan are the bookrunners on the deal.

PTT PLC is Thailand's largest petrochemical conglomerate.


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