Japfa Comfeed $350 million 5.375% sustainability bond issue

24/3/2021
High-yield bond/note issue

$ 350 million

Completed

24/3/2021


Overview:

  • Animal aquaculture company Japfa Comfeed has issued $350 million 5.375% sustainability bonds due 2026.
  • The bond is listed on the SGX.
  • This marks Indonesia’s first sustainability-linked bond.
  • This is also the first US-dollar denominated sustainability-linked bond issuance from South East Asia.

Shah Shameer Ahmed - Researcher

Jurisdictions:

Indonesia
Singapore

Deal type:

High-yield bond/note issue

Practice area:

Capital markets


Firm:

Party: DBS Bank (Joint bookrunner)

Party: Credit Suisse (Joint bookrunner)