Politics
Vietnam’s Techcombank Seeks $1 Billion, Joining Rush for Funds
Key Points
Vietnam’s Techcombank Seeks $1 Billion, Joining Rush for Funds Vietnam Technological and Commercial JSB, known as Techcombank, is seeking a $1 billion loan for regular business operations, according to people familiar with the matter, in what would be one of the Southeast Asian nation’s largest debt deals this year. The borrowing is split into $600 million three-year and $400 million four-year portions, said the people, who asked not to be identified discussing private matters. The proceeds...
Vietnam’s Techcombank Seeks $1 Billion, Joining Rush for Funds
Vietnam Technological and Commercial JSB, known as Techcombank, is seeking a $1 billion loan for regular business operations, according to people familiar with the matter, in what would be one of the Southeast Asian nation’s largest debt deals this year.
The borrowing is split into $600 million three-year and $400 million four-year portions, said the people, who asked not to be identified discussing private matters. The proceeds will be used for general corporate purposes, they said.