Vietnam Shipbuilding Group Closes Llargest Bond Issue

The Vietnam Shipbuilding Industry Group (Vinashin) on May 7 announced it had successfully closed the largest ever corporate bonds issue by a Vietnamese company with a landmark 10-year, $187m fundraising to finance ambitious shipbuilding projects. This bond is the third 10-year Vietnamese corporate bond since the first issue by Electricity of Vietnam in November 2006. Source: Business in Asia Today