Siam Pulp to issue bonds

Siam Pulp and Paper plc (SPP), a unit of Siam Cement Plc, Thailand“s largest industrial conglomerate, said on 24 July it planned to issue THB 10 billion worth of 10-year bonds in the domestic market….

Siam Pulp and Paper plc (SPP), a unit of Siam Cement Plc, Thailand“s largest industrial conglomerate, said on 24 July it planned to issue THB 10 billion worth of 10-year bonds in the domestic market. In a statement to the Stock Exchange of Thailand the company said it would seek approval for the bond issue from its shareholders at a meeting on August 21. Further details on the bonds would be determined later, it said. SPP shares closed at THB 125 on 23 July.