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DIARY-Thai Corporate bond calendar

Wed Nov 11, 2009 2:19pm IST
 
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BANGKOK, Nov 11 (Reuters) - Following is a list of expected corporate bond issues in Thailand. This information has been compiled from various reports.

Not all the companies concerned have confirmed details of the issues. New or adjusted entries are marked "**".

NOVEMBER

-- Charoen Pokphand Foods CPF.BK, Thailand's largest chicken exporter, is to sell bonds worth 8 billion baht ($239 million) this month to repay debt and for working capital, according to a filing with regulators. [ID:nBKK545486]

-- Thanachart Capital TCAP.BK plans to sell up to 10 billion baht ($299 million) of five-year bonds with a coupon of 4.90 percent to both institutional investors and the public. The proceeds of the issue, rated "A" by Thailand's TRIS Rating, would be used for debt repayment, working capital and business expansion.

2010

- Land & Houses LH.BK said in July it planned to sell up to 5.0 billion baht of bonds in 2010 to refinance maturing debt and for working capital. The issue is part of its plan to sell up to 10 billion baht of 10-year bonds in domestic or foreign markets.

-- Bangkok Expressway BECL.BK, Thailand's biggest private toll-road operator, said in September it planned to issue 1.0 billion baht of bonds to refinance maturing debt in 2010. The company sold four-year bonds worth 1 billion baht with a coupon of 4.25 percent in early September.

-- Siam Future Development SF.BK said in May it planned to sell bonds worth 940 million baht next year for refinancing.   Continued...

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