BORROWINGS
- From: Vol 10, Issue 2 (February 2009)
- Category: Need to know
- Country: Thailand and United Arab Emirates
- Related Companies: ACWA Power, Dubai Electricity and Water Authority , Hyflux, Nakheel, Palm Water, Thai Tap Water Supply and Thames Water
* Thames is not the only company tapping the debt markets this spring.
Thai Tap Water, the Bangkok-based water supplier which floated on the local stock exchange last year, announced a $193 million baht-denominated bond issue at the beginning of February. It has been a good year for the company: sales volumes in the first nine months of 2008 were up 17% against the same period in 2007.
* A bigger test will be ...
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