BANGKOK, Feb 1 (Reuters) - Thai property developer Noble Development PCL said on Tuesday it plans to sell up to 1.5 billion baht ($39 million) bonds with a maximum maturity of 5 years.
Other details, including the timing of the issue, would be decided later, the company said in a statement.
It has outstanding bonds of 1 billion baht issued in late 2003 at a coupon of 4.0 percent.
Noble shares were unchanged at 4.8 baht at 0307 GMT, while the overall Thai stock market was up 0.5 percent. ($1=38.43 baht)
Other details, including the timing of the issue, would be decided later, the company said in a statement.
It has outstanding bonds of 1 billion baht issued in late 2003 at a coupon of 4.0 percent.
Noble shares were unchanged at 4.8 baht at 0307 GMT, while the overall Thai stock market was up 0.5 percent. ($1=38.43 baht)