Indofood stirs investor interest

The noodle manufacturer underlined investors' continuing preference for high yield deals by the right Asian names yesterday (Tuesday) with an increase to its five-year bullet issue. With Credit Suisse First Boston as lead manager, the issue size was upsized from $200 million to $280 million, in the process mitigating any lingering concerns about 2002 re-financing risk and moving the company's debt maturity profile from short to long-term.