BANGKOK (AFX-ASIA) – The cabinet has approved Bangchak Petroleum Plc’s plan to secure a short-term loan of 1.5 billion baht at 1.7% interest rate from Krung Thai Bank, debt management office director Pannee Sathavarodom said. (US$1=43 baht). She said proceeds will be used to redeem the company’s euro commercial papers, carrying a coupon rate of…

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