PTT's Bt20 bn bonds fully subscribed

MONDAY, JANUARY 23, 2012
PTT's Bt20 bn bonds fully subscribed

PTT Plc has succeeded in raising Bt20 billion from a new bond issue, including Bt4 billion raised through a random.

 

 

The allocation was introduced for the first time for bond offering, backed by the SETTrade computer system.

The rest of the bonds were offered to existing bondholders.

"This reflects investor confidence to PTT," said the company's CEO Pailin Chuchottaworn.

Proceeds from the fund will be used to finance investment, working capital and/or refinance existing debts.