DIARY-Thai corporate bond calendar
BANGKOK, Nov 4 (Reuters) - Following is a list of expected corporate bond issues in Thailand. This information has been compiled from various reports.
Not all the companies concerned have confirmed details of the issues. New or adjusted entries are marked "**".
For a story on the outlook for corporate bonds, click on [ID:nBKK181028]
NOVEMBER
** Charoen Pokphand Foods CPF.BK, Thailand's largest chicken exporter, is to sell bonds worth 8 billion baht ($239 million) this month to repay debt and for working capital, according to a filing with regulators. [ID:nBKK545486]
** Thanachart Capital TCAP.BK plans to sell up to 9 billion baht of five-year bonds with a coupon of 4.90 percent to both institutional investors and the public. The proceeds of the issue, rated "A" by Thailand's TRIS Rating, will be used for debt repayment, working capital and business expansion.
-- Thaicom THCOM.BK, Thailand's only satellite operator, said it planned to sell up to 7 billion baht of bonds on November 2-5 in order to make early repayment on all its existing loans. The "BBB+"-rated bonds would have maturities of three and five years with the three-year bonds carrying a coupon of 5.25 percent and five-year issue having a 6.15 percent coupon.
-- Krungthai Card (KTC.BK), Thailand's biggest credit card issuer, said in a filing with the stock regulator it planned to sell a four-year bond issue on November 2-5. The bonds would carry a coupon of 5.50 percent in the first three years, and 6.00 percent for the fourth year.
2010
- Land & Houses LH.BK said in July it planned to sell up to 5.0 billion baht of bonds in 2010 to refinance maturing debt and for working capital. The issue is part of its plan to sell up to 10 billion baht of 10-year bonds in domestic or foreign markets.
-- Bangkok Expressway BECL.BK, Thailand's biggest private toll-road operator, said in September it planned to issue 1.0 billion baht of bonds to refinance maturing debt in 2010. The company sold four-year bonds worth 1 billion baht with a coupon of 4.25 percent in early September.
-- Siam Future Development SF.BK said in May it planned to sell bonds worth 940 million baht next year for refinancing.
ISSUE DATE NOT YET SPECIFIED
-- Bank of Ayudhya (BAY.BK) plans to sell 10 billion baht of bonds to raise funds for expansion. [ID:nBKK418836]
-- Thai Tap Water TTW.BK, Thailand's largest private tap water supplier, told the stock exchange in August it planned to sell a 3.1 billion baht bond to refinance the long-term debt of a subsidiary.
-- AEON Thana Sinsap AEON.BK told the stock exchange in June it planned to issue bonds worth up to 3 billion baht. Continued...

