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Bloomberg
Masan Group plans to issue up to 10 trillion dong ($431.5 million) of bonds next year to expand its business, lend to units and repay a loan.
The bonds will be issued in local currency at 100% of face value with a maximum term of 36 months, according to a statement on the company’s website. They will be non-convertible, unsecured and without warrants, it said.
The Ho Chi Minh City-based company will offer the securities in four stages in the first half
of next year at coupons fixed in the first year of
issuance.