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<a href="http://www.accessmylibrary.com/article-1G1-118772328/thai-leasing-firm-plans.html" title="Facts and information about Thai Leasing Firm Plans to Sell Billion-Baht Bonds.">Thai Leasing Firm Plans to Sell Billion-Baht Bonds.</a>
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Thai Leasing Firm Plans to Sell Billion-Baht Bonds.
Byline: Nareerat Wiriyapong
Jan. 7--Thitikorn Plc, a leasing firm specialising in motorcycles, is planning to issue debentures worth one billion baht early this year with the aim of expanding its portfolio by 20 percent.
Covering more than 100,000 hire-purchase contracts for motorcycles and roughly 10,000 automobile clients, mostly used cars, Thitikorn's portfolio currently stands at around six billion baht.
Managing director Prathama Phornprapha said the debenture issue had been suspended since November, when the company's shares were floated on the stock market. At that time, due to low bank interest rates, investors shifted to stocks, pushing ...
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Source: HighBeam Research, Thai Leasing Firm Plans to Sell Billion-Baht Bonds.