reports issuance of debentures
20 January 1995
Advanced Info Service Plc (ADVANC) will issue unsecured debentures
worth no more than US$100 million or the equivalent of Bt2.5 billion with
a redemption period of no more than 3 years.
The debentures will be offered to foreign investors and will be
registered with one or more foreign stock markets.
The move was resolved at the company's board meeting no.1/1995 on
January 19, 1995.
Other details regarding the terms and conditions of the debentures
such as the allocation and coupon rate will be considered by the
company's executive board. The issuance also requires approval from the
appropriate governmental agencies.
Translated by the Nati