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Vietnam VPBank announces $730 million syndicated loan arranged by IFC, SMBC

By Reuters News

HANOI, Nov 11 (Reuters) - Vietnam Prosperity Joint - Stock Commercial Bank VPB.HM:

  • ANNOUNCES A $730 MILLION SYNDICATED LOAN ARRANGED BY INTERNATIONAL FINANCE CORPORATION AND SUMITOMO MITSUI BANKING CORPORATION

  • SAYS LOAN TO BE DISBURSED IN MULTIPLE TRANCHES DURING 2026 AND INTENDED TO FINANCE WORKING CAPITAL, PRODUCTION EXPANSION, BUSINESS GROWTH FOR BORROWERS

  • SAYS FACILITY INCLUDES 3-YEAR, 5-YEAR, AND 7-YEAR TENORS

Further company coverage: VPB.HM

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