Sep. 3, 2012 (China Knowledge) - Uni-President Enterprises Corp, the Taiwan-based
food and beverage production giant, has raised NT$3.6 billion through a bond issue.
The largest food enterprise in Taiwan issued NT$1.8 billion in five-year bonds with a return of 1.28% and NT$1.8 billion in seven-year bonds with a return of 1.39%.
Uni-President China Holdings<0220>, the main China business arm of Uni-President Enterprises, said late last month that its net profit nearly tripled to RMB 505 million in the first half of this year.
Uni-President China saw its sales jump 21.6% YoY to RMB 10.6 billion in the first six months, due in part to increased demand for its juice and milk tea.