BANGKOK (AFX-ASIA) – Gulf Electric Plc managing director Sarath Ratanavadi said the company has obtained a 5.39 billion baht loan payable in 12 years, on condition it apportions 4.4 billion baht to refinance its debts and use 1 billion for a capital reduction. (US$1=43 baht). Gulf Electric Plc is 50%-owned by Electricity Generating Plc and…

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