Charoen Pokphand Foods Public Company LimitedIssuing subordinated bonds with BBB+ rating reflects strong financial position and supports capital structure.

Charoen Pokphand Foods Public Company Limited (CPF) is preparing to offer subordinated capital-like bonds, the first series of 2027, redeemable upon company dissolution, with the issuer having the right to early redemption and to defer interest payments. The subscription period is expected to be from January 18-21, 2027, for general investors with a minimum investment of 100,000 baht, through 14 leading financial institutions. The interest rate will be announced later. This bond series has been assigned a credit rating of BBB+ with a stable outlook by Tris Rating on August 4, 2026, while the company's corporate rating is A with a stable outlook, reflecting the strength of its financial position and its global leadership in the agro-industrial business, with production bases spread across 17 countries and covering more than 50 markets. In the first six months of 2026, CPF reported sales revenue of 283,883 million baht and net profit of 8,951 million baht, with international revenue accounting for 66% and domestic revenue 34%. The company is poised to benefit from positive factors in the second half of the year, driven by the recovery in meat prices.
Charoen Pokphand Foods Public Company LimitedIssuing subordinated bonds with BBB+ rating reflects strong financial position and supports capital structure.