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Thai PTTEP plans 3 bln baht bills of exchange

Mon Feb 11, 2008 11:26pm EST

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BANGKOK, Feb 12 (Reuters) - Thailand's PTT Exploration and Production (PTTE.BK) (PTTEP), said on Tuesday it was considering selling up to 3 billion baht ($91.2 million) worth of bills of exchange in the second quarter of this year.

The bills would have 3-6 months maturity and the proceeds would be used for working capital, PTTEP vice president Chatchawal Eimsiri told reporters. ($1=32.90 Baht) (Reporting by Arada Therdthammakun; Editing by Darren Schuettler)



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