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Dec. 3--PTT Plc is issuing 11 billion baht worth of six-year bonds with a 6.7 percent coupon rate this month as part of its five-year fund-raising plan.
The partially state-owned energy conglomerate sold seven billion baht worth of bonds earlier this week and issued them yesterday, and will sell another four-billion-baht lot from Tuesday to Thursday ahead of their issue next Friday.
Six-year government bonds, based on an extrapolation of the yield curve, are currently yielding 5.81 percent.
The two bond issues, rated AA+ by Fitch Ratings (Thailand), are underwritten by Siam Commercial Bank, Bangkok Bank and Kasikornbank.
The current ...
Source: HighBeam Research, B11bn in six-year PTT bonds to pay 6.7%.