Risks failing to stem bond issuance
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03/07/2021
09:46
GMT+7
Bond issuance is still an attractive and prevailing proposition for Vietnamese corporations to raise funds, even for loss-making and high-risk companies.
In December 2020, there were 98 registrations of bond issue with a total registered value of 75.35 trillion VND, 4.2 times higher than the previous month. (Photo: vietnambiz.vn)
The Hanoi Stock Exchange last week announced the results of Tiki’s private bond issuance. The e-commerce group has just completed issuance to raise VND1 trillion ($43.47 million) of non-convertible bonds, without warrant and secured with collateral assets with a fixed interest rate of 13 per cent per year.