PTT establishes 30-year curve

Energy group completes Thailand''s longest offshore bond.

PTT has completed Thailand's first 30-year bond deal with an increased $350 million offering via sole lead of JPMorgan. The A2BBB rated transaction was priced yesterday July 27 at the wider end of revised price guidance and marks a welcome diversification from the heavy wash of 10-year paper by PTT group entities over the past couple of months.

The Reg S 144a deal was priced at 97.281% on a coupon of 5.875% to yield...

To continue reading, please login or register for free

Click for more on: ptt | establishes | 30year | curve

Print Edition

FinanceAsia Print Edition