New Issue: Thailand’s PTT sells $575.05 million notes due 2035, 2042

By Marisa Wong

Los Angeles, Oct. 25 – PTT PCL subsidiary PTT Treasury Center Co. Ltd. issued $244,955,000 of 5 7/8% senior notes due 2035 and $330.09 million of 4˝% senior notes due 2042, according to notices.

Citigroup Global Markets Ltd., Hongkong and Shanghai Banking Corp. Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are bookrunners for the Rule 144A and Regulation S offerings.

The oil and gas company is based in Bangkok.

Issuer:	PTT Treasury Center Co. Ltd.
Issue:	Senior notes
Amount:	$575,045,000
Bookrunners:	Citigroup Global Markets Ltd., Hongkong and Shanghai Banking Corp. Ltd. and Merrill Lynch (Singapore) Pte. Ltd.
Settlement date:	Oct. 24
Ratings:	Moody’s: Baa1
	S&P: BBB+
Distribution:	Rule 144A and Regulation S
2035 notes
Amount:	$244,955,000
Maturity:	2035
Coupon:	5 7/8%
2042 notes
Amount:	$330.09 million
Maturity:	2042
Coupon:	4˝%

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.