Vietnam Realty Dealbook: Vingroup raises $300m debt; Korean fund eyes CII

Vingroup, Vietnam’s largest real estate player, has raised a $300-million international syndicated loan. Meanwhile, the Ho Chi Minh City Infrastructure Investment Corp said it was negotiating to secure investment from a South Korean investment fund. Vingroup gets $300m international syndicated loan Vietnam’s property major Vingroup has secured another international syndicated loan worth $300 million to finance its real estate developments and to reorganise debt. Credit Suisse AG was mandated to arrange the loan, which pays a coupon of Libor +5 per cent per annum. The amortizing loan is imp

Read more at: http://www.dealstreetasia.com/stories/vietnam-realty-dealbook-vingroup-raises-300m-korean-fund-eyes-cii-46716/

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