Tuesday, 17/11/2009 18:28

Vincom said to raise $100 million from convertible bond sale

Vincom Joint-Stock Co., Vietnam’s second-biggest listed property company, raised $100 million from the country’s first overseas sale of convertible bonds, according to a person familiar with the matter.

The 6 percent notes have a 5 percent conversion premium, said the person, who asked not to be named as they’re not authorized to discuss the matter.

Credit Suisse Group AG managed the sale, the person said.

thanhnien, Bloomberg

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