Honda Thai unit plans 2.5 bln baht bonds in Oct

Newswire

BANGKOK, Sept 27 (Reuters) - A Thai unit of Honda Motor Co. Ltd plans to sell up to 2.5 billion baht ($67 million) of bonds early next month to raise funds for new lending and working capital, the issue's underwriter said on Wednesday. The bonds, the first since 2004 by Honda Leasing (Thailand), would be issued in 1.5-year and 3-year tranches, said Pornchai Padmindra, head of debt capital markets at Citicorp Securities. "We will hold a roadshow today and expect to set a book building ...

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