VCSC raised VNĐ800 billion bonds


Viet Capital Securities Corporation (VCSC) has reportedly raised VND800 billion (US$34.4 million) via corporate bond issues.

Viet Capital Securities Corporation (VCSC) has reportedly raised VND800 billion (US$34.4 million) via corporate bond issues.— Photo cafef.vn

Viet Capital Securities Corporation (VCSC) has reportedly raised VND800 billion (US$34.4 million) via corporate bond issues.

The firm’s corporate bonds are unconvertible with the par value of VND10 million and maturity term of 24 months.

Domestic investors bought VND621.4 billion worth of VCSC bonds while foreign investors bought VND178.6 billion.

Most domestic bondholders were individuals with total purchasing value of VND617.4 billion. Only four domestic institutional investors joined the race, buying VND4 billion.

The VCSC has listed nearly 163 million shares on the Ho Chi Minh Stock Exchange, and fell 1 per cent to end Friday at VND39,000 ($1.68). — VNS

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