Joint lead arrangers HSBC and local entity An Binh Securities announced the deal on Monday. The structure will be a 10-year VnD1 trillion $62.2 million fixed-rate bullet, and is expected to price later this week.
The deal comes shortly after the entity in its previous form, Electricity of Vietnam, priced a VnD1 trillion $62.2million 10-year transaction in November. That deal had an interesting structure in that it was priced to pay a 9.60% coupon after the first year, but stepped up...
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