PTTEP nabs $350m from 10yr outing

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By Morgan Davis
10 Jan 2020

Thailand's PTT Exploration and Production Public Co made a quick return to the debt market on Thursday, selling a 10 year bond less than two months after closing a 40 year deal.

The state-owned company had been out of the offshore bond market for two years when it sold a $650m 3.903% bond at the end of November. The borrower had targeted $500m for that transaction, but pushed to a larger size because of overwhelming demand. Orders reached more than ...

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