Japfa nears upgrade after bond success

The KKR-backed company could get a credit boost from S&P after its latest $150 million bond sale.

Japfa Comfeed Indonesia, a Singapore-listed producer of animal feed and poultry, dived into the international bond markets with a maiden $150 million bond sale on Thursday, as investors continue to load up on emerging-market bonds.

¬ Haymarket Media Limited. All rights reserved.

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