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PepsiCo’s Bottler RJ Corp. Plans $105 Million Local Bond Sale
Source: Bloomberg
Credit & Bond MarketsCompany FundamentalsEmerging Markets
RJ Corp., parent of one of PepsiCo's largest bottlers outside the US, plans to raise 10.1 billion rupees ($105 million) through local-currency bonds. The proposed financing indicates continued access to domestic debt markets, but no details on pricing, tenor, or use of proceeds were disclosed.
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