Unilever tucks into 'dim sum' bonds
Consumer goods giant Unilever is the latest firm to tap the bond markets to bring in cash.
The Marmite maker is raising £29m issuing its first ever renminbi denominated debt, known as a 'dim sum' bond.
The bond will bring a new source of funding to fuel the firm's growth in China.
Unilever (up 6p to 1892p) already sells its Knorr soups and Dove soap to Chinese consumers as well as local brands.
Earlier this month John Lewis raised £50m from a savings bond which was offered to staff and credit card customers.
Premier Foods, the heavily indebted maker of Mr Kipling cakes, has also appointed advisors to begin work on a £500m corporate bond.
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