IFC to invest $15m in Vietnamese animal feed firm Anova’s bonds

International Finance Corporation (IFC), a member of the World Bank Group, has put in a $15 million investment in five-year convertible bonds of the animal feed subsidiary of Vietnam’s veterinary medicine firm Anova Corporation.

The support for Anova Feed Joint Stock Company is aimed to build more animal feed facilities to meet the demand of the country’s growing livestock industry, the IFC said in a statement Thursday.

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