Toyoto Thai unit to sell 2 bln baht in April

Newswire

BANGKOK, March 23 (Reuters) - The Thai leasing unit of Toyota Motor Corp will sell 2 billion baht ($58 million) of bonds early next month to raise funds for lending, an underwriter said on Friday. The secured bonds, issued by Toyota Leasing (Thailand) Co, would be offered to institutional investors and were expected to have a maturity of two or three years, the underwriter told Reuters. "We have surveyed the market already and the bonds should be priced in early April," he said, adding ...

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