Techcombank attracts 21 in syndication

Vietnam Hanoi 230px
By Pan Yue
09 Apr 2020

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has brought in 21 banks for its debut borrowing in the loan market.

Five mandated lead arrangers and bookrunners launched the deal at an initial size of $300m into general syndication in February. They were ANZ, CTBC Bank, First Abu Dhabi Bank, United Overseas Bank and Taishin International Bank.

The deal has been oversubscribed and is likely to be increased ...

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