Article: Thai Tuna Swims its Way to the US.(Thai Union International Inc.)

The world's second largest producer and distributor of canned tuna Thai Union International Inc. entered the private waters last week placing $125 million of senior guaranteed notes in the market for investors to peruse over, sources said. JPMorgan Securities is the lead agent on the deal.

Although there was no price talk at press time, possible seven and 10-year maturities were heard, sources said. The issuer is viewed as a NAIC-2 type credit. The deal is expected to circle by the end of the month.

Thai Union International is a subsidiary of Thai Union Frozen Products, a Thailand-based producer of frozen and canned seafood for export to the U.S., Japan ...

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