The Government of Thailand 7¾% April 2007 is the major Thai benchmark in the Eurobond Market. On 6 May 2004, the Government of Thailand also issued USD 1 billion three-year floating-rate notes.
PTT Exploration & Production Public Company Limited issued a USD 400 million ten-year bond with a 5.75% coupon on 15 July 2004. PTT also issued a USD 350 million 30-year bond, the longest issuance from a Thai issuer, with a 5.875% coupon on 27 July 2005. Both bonds are rated by Fitch as BBB+ the same rating as Thailand’s sovereign debt.
Outstanding USD-denominated issues of some Thai companies are shown in the table below. |
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