Thai PTT may delay bond issue due to global crisis

BANGKOK, Oct 1 (Reuters) - Thailand's top energy firm, PTT PCL PTT.BK, said on Wednesday it might postpone a plan to sell 10 billion baht ($296 million) in bonds due to the global financial crisis.

"We have to monitor the situation for a few days to see how the market goes before making a final decision on selling bonds. If PTT's bonds are sold well, other companies in the PTT group may follow," Chief Executive Prasert Bunsumpun told reporters.

PTT had planned to sell 10 billion baht in bonds with five-year and 10-year maturities in the middle of October.

The unsecured bonds, rated "AAA" by Thailand's Fitch Rating, should carry a coupon of about 5 percent, Prasert said.

Bangkok Bank BBL.BK, Siam Commercial Bank SCB.BK, Krung Thai Bank KTB.BK and Kasikornbank KBAN.BK are the underwriters. ($1=33.82 Baht) (Reporting by Saranya Suksomkij; Writing by Khettiya Jittapong; Editing by Alan Raybould)