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Temasek Unit, Oman Wealth Fund Join Vinpearl’s Private Credit

Temasek Unit, Oman Wealth Fund Join Vinpearl’s Private Credit
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Temasek Unit, Oman Wealth Fund Join Vinpearl’s Private Credit A unit of Singapore’s Temasek Holdings Pte. and Oman’s sovereign wealth fund are the investors in a $255 million private credit financing for Vingroup JSC’s hospitality arm, underscoring continued appetite among state-backed investors is such opportunities in Asia. Temasek’s SeaTown Holdings International, Oman Investment Authority and Vietnam Oman Investment have provided capital to Vinpearl JSC’s fundraising, according to a...

Temasek Unit, Oman Wealth Fund Join Vinpearl’s Private Credit A unit of Singapore’s Temasek Holdings Pte. and Oman’s sovereign wealth fund are the investors in a $255 million private credit financing for Vingroup JSC’s hospitality arm, underscoring continued appetite among state-backed investors is such opportunities in Asia. Temasek’s SeaTown Holdings International, Oman Investment Authority and Vietnam Oman Investment have provided capital to Vinpearl JSC’s fundraising, according to a statement late Tuesday. The proceeds will provide additional resources for the company’s long-term expansion plans, Vinpearl said.
Temasek Unit (ORG) Oman Wealth Fund Join Vinpearl’s (ORG) Private Credit Temasek Unit (ORG) Singapore (LOCATION) Temasek Holdings Pte (ORG) Oman (LOCATION) Vingroup JSC’s (ORG) Asia (LOCATION) Temasek (LOCATION) SeaTown Holdings International (ORG) Oman Investment Authority (ORG) Vietnam Oman Investment (ORG) Vinpearl JSC’s (ORG) Vinpearl (PERSON)
Originally published by Bloomberg Markets Read original →