Published on 1/16/2020 in the Prospect News Emerging Markets Daily.
New Issue: PTT Exploration unit sells $350 million 2.993% 10-year notes
By Marisa Wong
Los Angeles, Jan. 16 – Thailand’s PTT Exploration and Production PCL’s subsidiary, PTTEP Treasury Center Co. Ltd., issued $350 million of 2.993% senior notes due 2030 (Baa1//BBB+) on Wednesday, according to a notice.
Citigroup Global Markets Inc., Hongkong and Shanghai Banking Corp. Ltd., Merrill Lynch (Singapore) Pte. Ltd. and Societe Generale are bookrunners for the Rule 144A and Regulation S offering.
The petroleum exploration and production company is based in Bangkok.
| Issuer: | PTTEP Treasury Center Co. Ltd.
|
| Issue: | Senior notes
|
| Amount: | $350 million
|
| Maturity: | Jan. 15, 2030
|
| Bookrunners: | Citigroup Global Markets Inc., Hongkong and Shanghai Banking Corp. Ltd., Merrill Lynch (Singapore) Pte. Ltd. and Societe Generale
|
| Coupon: | 2.993%
|
| Settlement date: | Jan. 15
|
| Ratings: | Moody’s: Baa1
|
| Fitch: BBB+
|
| Distribution: | Rule 144A and Regulation S
|
© 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.
