Thai Airways' new president, Kasikornbank Bank executive and former Thai Minister of Energy Piyasvasti Amranand, yesterday said he plans to raise funds through a share issue next year. Thai has THB29 billion ($854.8 million) in debt to pay off in 2010. "We need to raise capital because we have a lot of short-term debt to be repaid," Piyasvasti said, according to Reuters. "We are also trying to convert our short-term debt to longer maturities. As the long-term debt has a maturity of six ...

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