Possible delay on PTT Bt20 bn bonds

WEDNESDAY, NOVEMBER 02, 2011
Possible delay on PTT Bt20 bn bonds

PTT may postpone a Bt20-billion debenture issue planned before the end of this year to early next year because of the flooding, chief financial officer Thevin Wongwanit said.


   The company is also considering whether to extend the redemption period of its existing debentures totalling Bt10 billion, which are due to expire next month.
   “The company is maintaining its revenue target for this year at Bt2.2 trillion,” he said.