Chin-Su fish sauce, a brand of Masan Consumer Corporation. Standard Chartered Bank Vietnam Limited has issued the first 10-year bonds worth $100 million for the enterprise. — Photo 24h.com.vn

HA NOI (Biz Hub) — Standard Chartered Bank Vietnam Limited on December 9 announced that it has issued the first 10-year bonds worth VND2,100 billion (US$100 million) for Masan Consumer Corporation.

The enterprise's bonds are guaranteed by the Credit Guarantee and Investment Facility (CGIF) of the Asian Development Bank (ADB).

Nirukt Sapru, general director of Standard Chartered Bank Vietnam, said that the bonds have a fixed interest rate of eight per cent, and that this is the best interest rate for 10-year corporate bonds in the private sector in Viet Nam.

Standard Chartered is an official consultant to the Vietnamese government for improving the national trust index. The bank helped the government to issue 10-year international bonds worth $1 billion in November 2014.

Masan Consumer, operating since 2000, is one of Viet Nam's local and diversified fast-moving consumer goods (FMCG) companies. It manufactures and distributes a range of food and beverage products, including soya sauce, fish sauce and chilli sauce, as well as instant noodles, instant coffee and instant cereals, besides bottled beverages.

The corporation has created and owns some of the most recognized consumer brands such as Chin-Su and Nam Ngu fish sauce and Omachi and Kokomi noodles, as well as Vinacafé. — VNS