VIETNAM PRESS-HSBC to arrange $112 mln loan for Vietnam Airlines' plane buy - Tuoi Tre

Tue Mar 11, 2014 10:36pm EDT

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Vietnam Airlines has signed a credit contract with HSBC and the bank together with Deutsche Pfandbriefbank will arrange a $112 million loan to help the national carrier buy airplanes, the Tuoi Tre (Youth) newspaper reports.

The credit package would be used to buy two new Airbus planes, the report said.

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NOTE: Reuters has not verified this story and does not vouch for its accuracy.

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