Thursday, December 14, 2006

EVN issues 62mio US$ bond

Electricity of Vietnam (EVN) has priced 62mio US$ in bonds to yield 9.70%.

EVN said in a statement on Wednesday that proceeds of the 10-year issue, its eighth offer this year, would be used for the construction of power plants.

The bonds, carrying a coupon of 9.70 percent, were priced at par to yield 9.70 percent. They will mature on Dec. 19, 2016.

Source: Thanh Nien

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