| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers V > Headlines for Vietnam > News item |
Vietnam plans global offering of 10-year dollar-denominated bonds
New York, Nov. 5 – The Socialist Republic of Vietnam said it has begun an offering of dollar-denominated global bonds due 2024.
Proceeds from the financing will be used for the country’s general funding purposes including managing its outstanding obligations.
Vietnam simultaneously announced a tender offer for its $750 million of 6 7/8% bonds due 2016 and $1 billion of 6¾% bonds due 2020.
The size of the tender will be announced later.
Vietnam said that the new bonds will be offered under Rule 144A in the United States.
No further details were disclosed.
Hongkong and Shanghai Banking Corp. Ltd. is billing and delivering for the tender and is a dealer manager along with Deutsche Bank AG, Singapore Branch and Standard Chartered Bank.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.