Slurp: Investors gobble up Indofood’s debut bonds

Morgan Davis

June 03, 2021 11:45 am

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Indofood CBP Sukses Makmur made its dollar debut this week with a dual tranche $1.75bn bond. The Indonesian noodle maker overcame investor scepticism about its fundraising strategy by selling long-dated notes that saw a strong reception from the market. Morgan Davis reports.

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Topics

Deutsche Bank UBS Corporate Bonds Asia Mizuho Southeast Asia Indonesia Asia Pacific Natixis Emerging Markets DBS High grade and crossover bonds

MD

Morgan Davis

Deputy editor GlobalCapital Asia