27
Dec
08:17
Vingroup to issue bonds for VinFast funding
Vingroup, the largest listed enterprise in Vietnam, plans to raise $1.5 billion through the issuance of international bonds next year to pay off its debts and finance its automotive division Vinfast.
According to Vingroup, the bonds will be issued in the first quarter with a maturity of five years. The face value has not been disclosed yet. The raised funds will be used for repayment of its loans as well as the expansion of Vinfast. Bondholders will be …
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Anonymous
Very good overview of the weekly steel market.
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