Vingroup launches $500m into general syndication

Vietnam Hanoi 230px
By Pan Yue
08 Nov 2019

Vietnamese conglomerate Vingroup Joint Stock Co and its automobile subsidiary VinFast have launched a $500m loan into general syndication, after one bank joined at the senior stage.

Deutsche Bank, HSBC, Maybank and Taipei Fubon Bank were the original mandated lead arrangers and bookrunners. Union Bank of Taiwan joined during senior syndication with the MLAB title, said a source close to the situation.

The source added that a few more banks are also joining the ...

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