Friday, June 15, 2007

Lilama rolls out bond issuance

The Viet Nam Construction and Machinery Installation Corporation (Lilama) issued 1,000 billion VND in bonds through the Deutsche Bank AG and the Habubank Securities Company.
Lilama said that the bond issuance would be used to raise capital for its Vung Ang 1 Thermoelectricity Power Project.
The ten-year bonds will be released in book-entry form and bear an annual interest rate of 9.2%.

Source: VNA

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