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Vincom plans $150-300m international bond issue

Update: March, 07/2012 - 10:13

HCM CITY — Real estate company Vincom (VIC) is drawing up a plan to issue international convertible bonds worth US$150-300 million with the maturity of five years, according to the company's filing with the HCM City Stock Exchange.

Funds raised from this bond issue will be added to VIC's working capital source and invested in the company's projects and other projects of Vinpearl Co Ltd. The issuing time will be determined by the general director based on market conditions.-VNS

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