Toyota Thai unit sets bond coupon at 3.68-3.88 pct

Newswire

BANGKOK, March 28 (Reuters) - The Thai leasing unit of Toyota Motor Corp has set a coupon range of 3.68-3.88 percent for an up to 3 billion baht ($78 million) due later this month, an underwriter said on Monday. The final coupon rate for the 3-year bonds would be decided through book-building on Tuesday and the issue date would be April 4, the underwriter told Reuters. "The coupons offer 40 to 60 basis points over comparable government bonds," he said. Three-year government bonds ...

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