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.
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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