True issues bonds to fight debt

6 Oct 2008

Thai full-service telco True Corp is preparing to float THB5 billion (USD147 million) worth of bonds in the fourth quarter to help refinance its outstanding debts, reports the Bangkok Post. The company’s debt level at the end of June was THB110 billion; it has debt payments of THB5 billion due next year and a further THB10 billion due in 2010. Chief financial officer Noppadol Dej-udom said True would issue the bonds by the end of the year in the local market.

Thailand, True Corp,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share