Vietnam

ASEAN’s capital markets regulators are working on a plan to grow the domestic bond markets of Cambodia, Laos, Myanmar and Vietnam (CLMV), with the Securities and Exchange Commission Cambodia (SECC) leading the charge.

Vietnam’s Vingroup Joint Stock Company has allocated its $300m borrowing after selling the full greenshoe of $60m.

State-owned Vietnam Engine and Agricultural Machinery Corp has clinched an IPO worth D2.1tr ($95.8m) after selling shares on the Hanoi Stock Exchange, according to a disclosure with the bourse.

Vietnam Engine and Agricultural Machinery Corp is set to raise at least D2.4tr ($107.6m) from a listing as it tees up the country’s largest IPO so far this year.

VietinBank, one of the largest state-owned commercial lenders in Vietnam, is back in the market with a $100m bullet just five months after signing its previous loan. This time around, the borrower has managed to narrow the margin by 40bp.

VPBank Finance, the consumer finance arm of state-owned Vietnam Prosperity Bank, is accessing the debt market for a $100m loan backed by accounts receivable.

VPBank Finance, a subsidiary of state owned Vietnam Prosperity Bank (VPBank), has hit the market for a $100m borrowing with one bank at the helm.

Real estate developer Vingroup Joint Stock Company is back in the loan market for a $240m five year borrowing, which comes with a $60m greenshoe.

Real estate developer Vietnam Investment Group Joint Stock Co (VIG), which signed a $200m three year loan last year, is understood to be considering prepaying the money.

CP Pokphand, the investment arm of Thai firm Charoen Pokphand Group, has sealed a $600m borrowing to repay a loan raised in 2012.

Zhongyu Gas fires up refi — Trans Corp hit syndication — Cheng Loong raising Vietnam funds — Global Bank gets bigger loan

Cheng Loong Corp, a paper manufacturer, is in the market for a loan related to its Vietnam operations.