PetroVietnam fuels Vietnamese revival with $250m loan

PetroVietnam, the state-owned oil company, closed the books last week on a $250m loan after it was almost two times oversubscribed, in the latest sign that international investors are retuning to the southeast Asian economy.

  • 03 Aug 2009
Allocations for the best-efforts amortising deal, led solely by Standard Chartered, will be out later this week, but PetroVietnam has decided not to increase the total loan amount. The deal carries a door-to-door tenor of five years, an average life of three years and pays a margin of ...

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