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business

PTTGC to issue Bt15-bn corporate bonds in Q2


SET-listed PTT Global Chemical (PTTGC) plans to issue corporate bonds worth Bt15 billion within the next quarter, said chief executive officer Kongkrapan Intarajang, adding that the issuance had been approved by the board.

Part of the money raised will be used in its ongoing investment at the Eastern Economic Corridor (EEC).
He added that the company would decide whether to launch the bonds in baht or US dollar.
PTTGC is still looking for merger and acquisition opportunities in the upstream and downstream petrochemical businesses and is in talks with a number of local and foreign companies, he said.

Published : February 11, 2020

By : THE NATION