True Corp, Thailand, is planning to issue bonds worth THB5 billion (USD147 million) in Q4′08 to overcome it’s heavy debts. The company at the end of June was under THB110 billion of debt. It has debt payments of THB5 billion due in 2009 and a further THB10 billion due in 2010. CFO, True Corp, Noppadol Dej-udom the issuing of bonds will take place by the end of the year in the local market.

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