Vietnam makes long awaited comeback with 10 year

Vietnam flag resized 230px
By Rev Hui
06 Nov 2014

The Socialist Republic of Vietnam is returning to the international market for first time in four years as it tries to swap investors out of its two existing dollar bonds via an accelerated switch offer.

Joint bookrunners Deutsche Bank, HSBC and Standard Chartered set guidance in the 5.125% area for a 10 year dollar bond on November 6, with the sovereign offering holders of its existing $750m 6.875% 2016s and $1bn 6.75% 2020s the opportunity to tender their notes or exchange them for ...

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