Vietnam's property firm to sell $100 mln conv bonds-source
SINGAPORE |
SINGAPORE, Nov 16 (Reuters) Vietnam's property developer Vincom VCI.HM plans to sell $100 million of five year convertible bonds, a source briefed on the plan said on Monday.
The bonds are being marketed to investors at a yield of 5-6 percent, the source told Reuters, adding Credit Suisse (CSGN.VX) is handing the deal. These bonds will be listed on the Singapore Exchange.
Vincom operates luxury resorts, shopping malls and high-end condominium projects in Hanoi, Danang, Nha Trang and Ho Chi Minh City.
(Reporting by Saeed Azhar; Editing by Kazunori Takada)
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