By Marisa Wong
Morgantown, W.Va., March 28 – LPN Development PCL issued 200 million baht of three-year debentures on Monday, according to a notice.
The debentures are priced at par with a coupon of 3.65%.
Asia Plus Securities PCL is the distributor.
Shareholders had approved the proposed issuance of up to 2 billion baht of debentures in April 2010. The company has since issued three tranches totaling 1.06 billion baht, leaving a balance of 940 million baht.
LPN is a condominium developer based in Bangkok.
| Issuer: | LPN Development PCL
|
| Issue: | Debentures, fourth issue
|
| Amount: | 200 million baht
|
| Maturity: | April 3, 2019
|
| Coupon: | 3.65%
|
| Price: | Par of 1,000 baht
|
| Yield: | 3.65%
|
| Distributor: | Asia Plus Securities PCL
|
| Settlement date: | March 28
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
