VIC: Vingroup mobilizes US$300 mln for its projects

On July 05, 2016, VINGROUP Joint Stock Company completed necessary procedures to mobilize an international syndicated loan worth US$300 million. This loan has a term of 05 years and floating interest rate, with interest margin of 5% compared to Libor rate (current: 0.75%). VINGROUP will use the loan to invest in its projects.

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