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Prospect News home > News index > List of issuers P > Headlines for PTT PCL > News item
Published on 7/14/2004 in the Prospect News Emerging Markets Daily.

Thailand's PTT $400 million global bond talked at T+140 to 150 bps

By Reshmi Basu

New York, July 14 - PTT PCL has set guidance for its $400 million global bond (Baa/BBB) at Treasuries plus 140 to 150 basis points, according to a market source.

The deal will be structured as a 10-year bullet.

Citigroup, Deutsche Bank Securities and JP Morgan are running the books for Thailand's biggest petrochemical company.

Pricing is expected immediately after the completion of Thursday's roadshow in Boston.


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