Fonterra shrugs off weak dollar market for dim sum debut
New Zealand's Fonterra Cooperative Group became the first Australasian company to issue offshore renminbi debt at the end of last week, when it raised Rmb300m ($46.4m) from a deal that defied weak conditions in other debt markets.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts