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Current Position:Home » News » General News » Topic

Food producer Masan raises $321 mln via bonds

Zoom in font  Zoom out font Published: 2014-07-14  Origin: Reuters  Views: 8
Core Tip: Vietnamese food producer Masan Group said it raised 6.8 trillion dong ($321 million) via selling five-year bonds to mainly Vietnamese banks and will use the proceeds to refinance the mining project
Vietnamese food producer Masan Group, which also invests in mining wolfram, said it raised 6.8 trillion dong ($321 million) via selling five-year bonds to mainly Vietnamese banks and will use the proceeds to refinance the mining project, the Vietnam Economic Times newspaper reports.

The bonds carry an annual coupon of 11 percent for the first payment, the report said.

 
 
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