BANGKOK, Oct 1 (Reuters) - Thai developer Preuksa Real Estate PS.BK said on Wednesday it had delayed a plan to sell three-year bonds worth up to 1.5 billion baht ($44 million) to next year due to unfavourable global financial conditions.
"We decided late last week to put our bond sale on hold. The sale should not be this year and we postponed it to next year," Chief Financial Officer Somboon Wasinchutchawal told Reuters.
Earlier, Thailand's top energy firm, PTT PCL PTT.BK, said it might postpone a plan to sell 10 billion baht ($296 million) of bonds due to the global financial crisis. The sale had been planned for the middle of October.
Preuksa had also planned to sell its 1 billion baht of bonds this month, with a greenshoe option for a further 500 million baht.
