LienVietPostBank issues bonds to international investors

December 19, 2020 - 08:52

LienVietPostBank has issued five-year bonds worth VNĐ1.5 trillion (US$65.2 million) under the form of private placement with the fixed interest rate of 6.5 per cent annually.

LienVietPostBank has successfully issued 5-year bonds worth VNĐ1.5 trillion (US$65.2 million) recently. — Photo laodong.vn

HÀ NỘI — LienVietPostBank has issued five-year bonds worth VNĐ1.5 trillion (US$65.2 million) under the form of private placement with the fixed interest rate of 6.5 per cent annually.

According to the bank, the non-convertible bonds, with no collateral nor secondary debt, issued and paid in local đồng, were sold to experienced and well-known international financial investors.

The issuance contributed to increasing the working capital scale of the bank as well as improving the quality of prudential ratios under the State Bank of Việt Nam’s regulations.

Last month, the bank issued more than VNĐ 2 trillion of tier-2 capital bonds in a very short time, becoming one of the first commercial joint stock banks to issue bonds in large volume. VNS

NA tackles amendments to advertising law, supports Vietnam Airlines' recovery

Economy

Việt Nam's stock market recovers but outlook remains uncertain

Economy

Foreign investors flock to invest in the south

Economy

Signs of renewal amid diverse issuances in green bond market

Economy

More efforts needed to popularise use of crushed sand as an alternative to natural sand

Economy

Huge potential for VN, UK to boost cooperation in clean energy

More on this story

Economy

Steel prices surge

Steel prices rebounded or surged globally and Vietnamese steel exports were also positive last month.

Economy

Mekong Delta sees positive results from climate-change adaptation measures

The Government's Decision No 120 on the sustainable development of the Mekong Delta through climate-change adaptation has seen positive results after three years of implementation, experts said on Wednesday during an online meeting on the Government web portal.

Economy

Brands urged to start thinking about next generation of shoppers

During and after the COVID-19 pandemic, it is essential for brands to strengthen their position in customers’ mindsets, and at the same time find the key to access a new consumer generation, experts have said.

Economy

MSB to debut on December 23

Việt Nam Maritime Commercial Joint Stock Bank (MSB) will start listing on December 23, the Hồ Chí Minh Stock Exchange (HoSE) has announced.

Economy

Japanese firm acquires 23.7% stake at Transimex

Japanese firm Ryobi International Logistics Việt Nam has acquired nearly 16.8 million shares to become the major shareholder at Transimex Corporation.

Economy

HCM City's shares recoup losses on new money flow

HCM City’s shares recouped their loss on Friday when new money continued to flow in the market to seek profits.

Economy

Samsung Việt Nam continues its support to local suppliers

Samsung Việt Nam's leadership visited five Vietnamese enterprises as part of a consultancy programme led by Samsung's South Korean experts on Thursday.

Economy

Việt Nam security experts honoured at Pwn2Own Tokyo 2020

Two experts from the Viettel Cyber Security Company under the Viettel Group - Ngô Anh Huy and Đỗ Quang Thanh – have been honoured at the Pwn2Own Tokyo 2020 contest.

Economy

Cà Mau to woo investment in major projects

The Cửu Long (Mekong) Delta province of Cà Mau will focus on improving its investment environment and offering favourable conditions to attract domestic and foreign investment in some major projects in 2021-25, according to its People’s Committee.