Ford Motor Thai unit plans 1.5 bln baht bond issue


BANGKOK, Nov 22 (Reuters) - The Thai auto leasing unit of Ford Motor Co plans to issue 1.5 billion baht ($37.5 million) of domestic bonds to fund business expansion, its underwriter said on Monday. The bullet bonds by Primus Leasing Co Ltd were divided into two tranches -- 500 million baht of two-year bonds and 1 billion baht of three-year bonds, said Arthid Nanthawithaya, head of capital markets at Standard Chartered Bank in Bangkok. "The coupon will be decided this week and the issue ...

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