Sample Stories for Troubled Company Reporter - Asia Pacific

True Corp. PCL plans to issue secured and unsubordinated debentures
amounting to at most THB4 billion, according to Reuters.

The details of the offering are:

    * Set 1- Debentures amounting to at most THB1 billion with
              two-year maturity and 5.7% interest rate

    * Set 2- Debentures amounting at most THB2 billion with
              three-year maturity and 6.2% interest rate

    * Set 3- Debentures amounting to at most THB1 billion
              maturing in 5 years with 6.8% interest rate.

TMB Bank PCL will act as register and paying agent.

True Corporation Public Company Ltd's -- http://www.truecorp.co.th/ --
principal activities are the provision of telecommunication services and
various value-added-services that includes: Digital Data Network Direct
Inward Dialing, Integrated Service Digital Network, Public Telephone,
Personal Communication Telephone Service, Multimedia and Internet Service Provider.  Other activities include training services, online games, rental services and investment holding.

The Troubled Company Reporter - Asia Pacific reported that on November 22, 2006, Standard & Poor's Ratings Services assigned its BB- long-term corporate credit rating to Thailand's third-largest cellular operator, True Move Co. Ltd.  The outlook is negative.

At the same time, Standard & Poor's assigned its B issue rating to True
Move's proposed senior unsecured notes, assuming a debt size of about
US$450 million.

The Troubled Company Reporter - Asia Pacific reported on
Nov. 27, 2006, that Moody's Investors Service affirmed True Corporation
Public Company Ltd's Ba3 corporate family rating and at the same time
changed the rating outlook to negative from stable.