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Strategies & Market Trends : C P Pokphand (CPPKY)

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To: VivB who wrote (239)2/14/2000 9:58:00 AM
From: VivB   of 276
 
IN BRIEF ( The Australian ) 02-11-2000
EDITION: 1; SECTION: Finance

....(2nd item relates to CP):
Not chicken feed

BANGKOK: Charoen Pokphand Foods, South-East Asia's largest producer of animal feed, will sell up to 7 billion baht ($280 million) in bonds to help repay foreign debt. CP Foods said in December it would probably fund settlement of $US270 million ($369 million) of its foreign currency debt by selling bonds. Among that debt is $US100 million worth of five-year floating-rate notes due in July.
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