PTTEP bond

Investors buy PTTEP bond despite rating agency warnings

PTTEP closes a 30-year bond, the first out of Thailand since 2005.
<div style="text-align: left;"> PTTEP operates more than 40 projects around the world </div>
<div style="text-align: left;"> PTTEP operates more than 40 projects around the world </div>
June 11, 2012

Asia’s bond markets sprung back to life on Thursday after a two-week pause, with PTT Exploration & Production (PTTEP) taking advantage of improved market conditions to price a $500 million 30-year bond — the first 30-year deal out of Thailand since 2005.

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