Published on 2/21/2018 in the Prospect News Emerging Markets Daily.
New Issue: Thitikorn sells 600 million baht 2.27% three-year debentures
By Marisa Wong
Morgantown, W.Va., Feb. 21 – Thailand’s Thitikorn PCL announced it priced 600 million baht of three-year debentures at par to yield 2.27%.
This will be the company’s first debenture issue for 2018.
Thitikorn is a Bangkok-based motorcycle and automobile hire-purchase company.
Issuer: | Thitikorn PCL
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Issue: | Debentures, 2018 first issue
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Amount: | 600 million baht
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Maturity: | Feb. 23, 2021
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Coupon: | 2.27%
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Price: | Par of 1,000 baht
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Yield: | 2.27%
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Announcement date: | Feb. 21
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Settlement date: | Feb. 23
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