Vietnam's Vingroup to raise US$500mil in first international bonds sale


HANOI, April 4 (Reuters): Vingroup, Vietnam's biggest listed company, is seeking to raise US$500 million through its inaugural issue of international bonds this year to pay loans and pump up the capital of its subsidiaries, the company said.

The international fundraising plan has just been approved by Vingroup's shareholders, according to a company statement seen on Friday.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Thousands take part in annual St Anne’s Novena and Feast procession in Penang
Bangladesh continues curfew amid mass arrests of protesters
Teen may have drowned trying to save sister at Pantai Cenang
Myanmar hosts security chiefs' meeting
Hong Kong, Laos look set to ink pacts as Chief Executive arrives in Vientiane on Sunday (July 28)
Party, state leaders in Vietnam commemorate war martyrs, president Ho Chi Minh
Thai PM lauds success of visa-free policy
More than family affairs
Marcos forms Bataan oil spill task force
Final convict in S$3bil money laundering case deported to Cambodia: ICA

Others Also Read