Scant supply of dollar deals from Thailand boosts CPF loan

Charoen Pokphand Foods (CPF) has brightened up Thailand’s offshore syndications market, tapping international liquidity for a $625m loan. With few other deals from the southeast Asian country whetting lenders’ appetite, banks are keen to take a piece of the fundraising. Shruti Chaturvedi reports.

  • By Shruti Chaturvedi
  • 07 Dec 2017

CPF Investment, a unit of Thai agro-industrial and food conglomerate CPF, has approached the market for a $625m borrowing, led by Kasikornbank and Mizuho.

One set of potential participants received invitations for the fundraising late last month, but large Taiwanese banks that are CPF’s relationship lenders are understood ...

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