The pricing is reportedly the tightest spread ever achieved by a Vietnamese corporate in its domestic market, despite a substantial increase in bond yields on the back of inflationary pressures.
The majority of the bonds were sold to onshore investors, although 7% were placed offshore. A total of 23% of the bonds sold to corporates, 64% to banks, and 13% to fundasset managers.
The deal is part of a larger debt financing exercise aimed at funding Vinacomin's power...
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