Thailand’s Vintage Engineering proposes 5 billion baht debentures

By Marisa Wong

Morgantown, W.Va., April 18 – Vintage Engineering PCL is proposing to issue up to 5 billion baht of debentures with maturities of up to 10 years, according to a notice.

The debentures may be issued in baht or other currencies.

Proceeds will be used to repay short-term securities, as revolving funds for construction in large projects and to invest in renewable energy projects.

The issuance is subject to shareholders’ approval.

Vintage Engineering provides installation and maintenance services for building engineering systems. The company is based in Nonthaburi, Thailand.

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