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At a VCSC’s transaction workplace. The corporate has signed a contemporary syndicated mortgage facility for US$100 million. — Photograph courtesy of the corporate
HCM CITY — Việt Capital Securities Joint Inventory Firm has signed a syndicated mortgage facility for US$100 million organized by Taiwan’s Mega Worldwide Industrial Financial institution (Megabank) by its offshore banking department.
It stated it will carry short-term rates of interest based mostly on the worldwide cash market.
VCSC raised funds in an identical method twice earlier than in Could 2020 and November 2021.
The corporate stated the optimistic response from the market was a testomony to its credit score standing amongst buyers, and was anticipated to pave the best way for extra offshore syndicated transactions in future.
Overseas loans at aggressive prices would give it extra sources to advertise its enterprise, together with margin lending at aggressive price, it added. — VNS
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