NZ: Fonterra raises US$207m from China bond issue

By Dean Best | 21 January 2014

Fonterra has announced it has raised CNY1.25bn (US$206.6m) from its second bond denominated in Chinese currency to help fund the growth of its business in China.

just-food articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

Fonterra has announced it has raised CNY1.25bn (US$206.6m) from its second bond denominated in Chinese currency to help fund the growth of its business in China.

  • Unlimited access to all the latest global food news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-food market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-food:

More articles related to this one

just-food's research round-up: Dairy in Indonesia, gum in China
This week's featured research from the just-food store majors on emerging markets - with reports on the dairy market in Indonesia, packaging in Asia Pacific and chewing gum in China.

AUS: Lion: Loss of Woolworths milk deals will "impact" volumes
Australian dairy group Lion has said the loss of milk contracts to supply Woolworths, the country's largest grocer, will affect volumes at its plants.

Focus: Parmalat could milk Harvey Fresh in Oz and overseas
Parmalat, majority-owned by French dairy giant Lactalis, has made a significant move to bolster its business in Australia 15 years after it first entered the market. Parmalat has snapped up Australian dairy and fruit juice firm Harvey Fresh, a deal industry watchers believe could help the Italian firm's local business and help it expand its presence in Asia. Dean Best reports.

Market research related to this article

Fonterra Co-Operative Group in Packaged Food (World)
Fonterra is ranked in the top 20 among dairy players. However, this is due for the most part to its strong presence in Australasia. The company is looking to diversify, investing in a China-based dairy operation, and is considering a move into India....

Fonterra Brands (New Young) Pte Ltd in Packaged Food (Taiwan)
Fonterra Brands (New Young) Pte Ltd plans to promote its products by sponsoring cooking events, seminars or competitions and by sharing the recipes with dairy products and butter. The majority of its sales result from foodservice, so the company will...

Fonterra Brands (Hong Kong) Ltd in Packaged Food (Hong Kong, China)
Over the forecast period, Fonterra Brands (Hong Kong) Ltd is expected to focus its efforts on dominating the supply of dairy products in the foodservice channel. This is likely to be achieved by generating consumer awareness through the retail channe...

Welcome to the home of food information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page