BANGKOK, Aug 11 (Reuters) - Thai Airways International PCL said its board had approved a plan to seek 20 billion baht ($626 million) in loans from domestic banks including top lender Bangkok Bank to restructure its finances.
The airline had also decided to delay a plan to sell up to 15 billion baht in bonds from the third quarter after opting for the bank loan, President Piyasvasti Amranand told reporters after a board meeting on Wednesday.
($1=31.95 Baht)
(Reporting by Khettiya Jittapong; Editing by Alan Raybould)
((khettiya.jittapong@thomsonreuters.com; +662 648 9728; Reuters Messaging: khettiya.jittapong.reuters.com@reuters.net)) Keywords: THAIAIR/LOANS (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The airline had also decided to delay a plan to sell up to 15 billion baht in bonds from the third quarter after opting for the bank loan, President Piyasvasti Amranand told reporters after a board meeting on Wednesday.
($1=31.95 Baht)
(Reporting by Khettiya Jittapong; Editing by Alan Raybould)
((khettiya.jittapong@thomsonreuters.com; +662 648 9728; Reuters Messaging: khettiya.jittapong.reuters.com@reuters.net)) Keywords: THAIAIR/LOANS (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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