Bloomberg News

Want Want Sells $600 Million of Five-Year Senior Unsecured Notes

May 09, 2013

Want Want China Holdings Ltd. (WWNTY:US), a manufacturer of rice cakes and beverages, sold $600 million of bonds in its first offering of U.S. dollar-denominated debt.

The company issued 1.875 percent notes due May 2018 that yield 115 basis points more than similar-maturity Treasuries, according to data compiled by Bloomberg. The sale adds to a surge in dollar offerings from borrowers in Asia’s largest economy that’s heading for the biggest quarter on record.

To contact the reporter on this story: Charles Mead in New York at cmead11@bloomberg.net

To contact the editor responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net


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Companies Mentioned

  • WWNTY
    (Want Want China Holdings Ltd)
    • $62.8 USD
    • 1.35
    • 2.15%
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