Byline: Nuntawun Polkuamdee
Jun. 7--Nava Leasing Plc plans to issue bonds worth three billion baht in the next year to raise funds for business expansion, according to managing director Pornchit Piyawattanametha.
The company expected strong revenue from its core leasing and hire-purchase businesses over the next year, he said.
In March the company issued bonds worth 1.2 billion baht, he said. Most of the proceeds from the new bond issue would be used for car leasing finance.
The company forecast car leasing would grow 10-15 percent this year and had already extended new leasing finance worth nearly 400 million baht since the beginning of …
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