Vingroup returns with quartet for $240m

Vietnam Hanoi 230px
By Shruti Chaturvedi
29 Jun 2016

Real estate developer Vingroup Joint Stock Company is back in the loan market for a $240m five year borrowing, which comes with a $60m greenshoe.

Credit Suisse, Industrial and Commercial Bank of China, Maybank and Taipei Fubon Bank are the mandated lead arrangers and bookrunners for the trade.

They have invited lenders to join at three levels. Arrangers committing $10m-$19m earn fees of 120bp for 532bp all-in. Lead arrangers committing $20m-$29m earn 145bp ...

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