Exim Bank involves in fundraising exercise for Vietnam job

Exim Bank said the fundraising exercise would be co-led by one of Vietnam’s largest state banks, with more than 60% of the funds to be raised from 10 Vietnamese banks.

KUALA LUMPUR: The Export-Import Bank of Malaysia Bhd (Exim Bank) is the mandated lead arranger for a funding raising exercise of up to US$2.68bil for an “ultra-supercritical” (USC) technology coal plant in Vietnam.

It said the fundraising exercise would be co-led by one of Vietnam’s largest state banks, with more than 60% of the funds to be raised from 10 Vietnamese banks.