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Thai Firm Support Bonds Option for State in Case of Delays in Privatisation.
Byline: Krissana Parnsoonthorn
Feb. 5--Issuing exchangeable bonds is a good alternative for the government to raise funds if privatisation of some state enterprises is delayed, according to Trinity Securities.
But some concerns were being raised about proper coupon rates, state-enterprise share values when making public offerings and bond maturity periods, said Amata Issarangkura na Ayudhaya, the company's vice-president for research.
"Raising funds through exchangeable bonds would help the government lower the cost of obtaining funds. The bonds would attract some investors and the state's image in pursuing its privatisation scheme would not be ...
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Source: HighBeam Research, Thai Firm Support Bonds Option for State in Case of Delays in...