(Bloomberg) -- IRPC Pcl, Thailand's biggest
petrochemicals company by sales, set the target yield on a
planned sale of $250 million of bonds, the first overseas debt
offering by a Thai company this year.
IRPC, based in Bangkok, is seeking to price 10-year bonds to
yield 1.15 to 1.2 percentage points more than the mid-swap rate,
according to an e-mail sent to investors by one of the sale's
arrangers. The 10-year mid-swap rate was at 5.352 percent at 9:40
a.m. Singapore time, according to data compiled by Bloomberg.
Read more at Bloomberg Emerging Markets News
petrochemicals company by sales, set the target yield on a
planned sale of $250 million of bonds, the first overseas debt
offering by a Thai company this year.
IRPC, based in Bangkok, is seeking to price 10-year bonds to
yield 1.15 to 1.2 percentage points more than the mid-swap rate,
according to an e-mail sent to investors by one of the sale's
arrangers. The 10-year mid-swap rate was at 5.352 percent at 9:40
a.m. Singapore time, according to data compiled by Bloomberg.
Read more at Bloomberg Emerging Markets News
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