Vingroup eyes $500m in senior syndication

Vietnamese conglomerate Vingroup Joint Stock Company and its automobile subsidiary VinFast have returned to the loan market, seeking a total of $500m in senior syndication.

  • By Pan Yue
  • 18 Oct 2019

Four mandated lead arrangers and bookrunners — Deutsche Bank, HSBC, Maybank and Taipei Fubon — are arranging the deal, according to a banker close to the situation.

The transaction is split into two tranches. Vingroup is the borrower for a $100m tranche, while VinFast is borrowing the $400m ...

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