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VietNamNews

Brokerage issues $38m in convertible bonds

Update: March, 19/2012 - 10:09

HA NOI — Sacombank Securities Co (SBS) has successfully sold VND800 billion (US$38 million) worth of convertible bonds to New Value Co. The three-year bonds pay a yield of 13 per cent. The bond sales aimed to increase the firm's operating capital and financial capacity.-VNS

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