VNPT adds to wave of Vietnamese loans with $300m deal
Vietnam Posts and Telecommunications (VNPT) is set to launch a $300m loan into general syndication next week, in the latest sign that Vietnamese borrowers are returning to the international loan markets.
BNP Paribas and Natixis are in the market with the five year facility for the country’s largest state-owned telecommunications firm, which carries a margin of 280bp over Libor.
The loan has an average life of three years and first hit the market in December 22. One bookrunner said
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