Mitsubishi Thai unit plans 2 bln baht issue in Feb

Newswire

BANGKOK, Jan 24 (Reuters) - The Thai unit of Mitsubishi Motors Corp is set to sell 2 billion baht ($51 million) of 3-year bonds next month to boost working capital, a fund manager close to the deal said on Tuesday. The secured bonds, issued by Mitsubishi Motors (Thailand) Co., would be sold to institutional investors, the fund manager told Reuters. "The bond coupon is expected to offer a spread similar to the previous issues," said the fund manager, who declined to be named. Last ...

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