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PS issues Bt1 bn bonds

Prueksa Real Estate Plc is to issue Bt1 billion unsubordinated and unsecured bonds, to increase its working capital and invest in a condominimum project.



Thongma Vijitpongpun, president of the real estate company, reveals Wednesday that the 3year bonds will pay interest every six months.

The bonds would be sold to institutional investors around late this month and the coupon rate will be fixed through a bookbuilding method. Capital Nomura Securities is the underwriter.

- The Nation


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