Vietcap signs $45m syndicated loan facility

Vietcap Securities has signed a deal for a US$45million syndicated loan with Shanghai Commercial and Savings Bank through its offshore banking branch.

Obtaining foreign loans at competitive costs would enhance Vietcap’s resources and business prospects. — Photo courtesy of the company

Vietcap Securities (HOSE: VCI) has signed a deal for a US$45million syndicated loan with Shanghai Commercial and Savings Bank through its offshore banking branch.

The loan carries short-term interest rates based on international market rates.

Vietcap has borrowed on four previous occasions between 2020 and 2022.

The company said the loan is a testament to its credit standing among investors, and was expected to pave the way for more offshore syndicated transactions in future.

Obtaining foreign loans at competitive costs would enhance its resources and business prospects, it added. — VNS

  • Share:

see also

Chợ Rẫy Hospital honoured at National Quality Awards

Chợ Rẫy Hospital honoured at National Quality Awards

Chợ Rẫy Hospital in HCM City, the largest public hospital in the southern region of Việt Nam, has been given the National Quality Gold Award for its continued efforts to improve the quality of healthcare services.
AEON Vietnam boosts recruitment and expansion in 2025

AEON Vietnam boosts recruitment and expansion in 2025

From now until 2030, AEON Vietnam will continue to scale up operations and enhance workforce recruitment.
Nestlé and PRO Vietnam promote safety and hygiene practices in waste management

Nestlé and PRO Vietnam promote safety and hygiene practices in waste management

Nestlé Vietnam, in partnership with the Việt Nam Packaging Recycling Alliance (PRO Vietnam), organised a training programme focused on occupational safety and hygiene in waste collection and recycling.
Viettel showcases over 80 high-tech products at defence exhibition

Viettel showcases over 80 high-tech products at defence exhibition

The products span 10 key areas: radar systems, electro-optics, electronic warfare, military communication, simulation training, command and control, UAVs, aerospace technology, cyber operations and cybersecurity, along with other specialised categories. 
Vinamilk and Japans Sojitz put beef processing plant into operation

Vinamilk and Japan’s Sojitz put beef processing plant into operation

This is Việt Nam’s first plant dedicated to processing chilled beef, with all meat handled within a strictly controlled and highly sanitary environment.