Thailand’s Eastern Commercial Leasing eyes 1.2 billion baht debentures

By Marisa Wong

Morgantown, W.Va., Aug. 11 – Eastern Commercial Leasing PCL is proposing to issue up to 1.2 billion baht of debentures with maturities of up to five years, according to a notice.

Proceeds will be used to supplement liquidity, for business expansion or as general working capital.

The proposed debentures are subject to shareholders’ approval at an upcoming meeting.

The Bangkok-based company provides lease financing services for used automobiles.

© 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.