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KFC owner Yum Brands breaks junk debt market's four-week fast

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Yum Brands, owner of Pizza Hut, KFC and Taco Bell restaurant chains, sold US$600 million in bonds on Monday, reopening the US market for junk-rated debt issues after its longest lull since the 2008 financial crisis.

[NEW YORK] Yum Brands, owner of Pizza Hut, KFC and Taco Bell restaurant chains, sold US$600 million in bonds on Monday, reopening the US market for junk-rated debt issues after its longest lull since the 2008 financial crisis.

Yum's bond offering represented a glimmer of investor demand...

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