Thursday, 03 Nov 2011
Banpu PCL said that its wholly owned subsidiary, Centennial Coal Co has issued USD 225 million worth of long-term senior unsecured notes in the North American private placement debt market.
The notes, issued in different maturities of 10, 12 and 15 years, carry a weighted average coupon of 4.55%, the company said in a filing with the Stock Exchange of Thailand, without providing specific details.
The Thai coal miner said the proceeds will be used to repay and restructure existing debt.
(Sourced from Dow Jones Newswires)
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