VietinBank returns for $100m three year bullet

Vietnam Hanoi 230px
By GlobalCapital
05 Aug 2016

VietinBank, one of the largest state-owned commercial lenders in Vietnam, is back in the market with a $100m bullet just five months after signing its previous loan. This time around, the borrower has managed to narrow the margin by 40bp.

Deutsche Bank is the mandated lead arranger and bookrunner of the three year facility and is offering retail lenders three levels of participation, said a banker who has received the invitation.

Arrangers committing $5m-$14m make 40bp in fees, lead arrangers ...

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