Tingyi bond

Tingyi whets investors' appetite with $500 million debut bond

The maker of Master Kong noodles sells its first dollar bond, while Korea East-West Power, SK Innovation and Hang Lung Properties meet with investors.
<div style="text-align: left;">
Tingyi has alliances with PepsiCo and Asahi
</div>
<div style="text-align: left;"> Tingyi has alliances with PepsiCo and Asahi </div>

Tingyi Holding marked a first for Asia’s food and beverage sector on Wednesday night when it priced a $500 million debut dollar bond. It is also one of the few Taiwanese-owned companies to tap the dollar market — the last one being Nan Ya Plastics in 2005.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media