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Vincom said to raise $100 million from convertible bond sale
Vincom Joint-Stock Co., Vietnam’s second-biggest listed property company, raised $100 million from the country’s first overseas sale of convertible bonds, according to a person familiar with the matter.
The 6 percent notes have a 5 percent conversion premium, said the person, who asked not to be named as they’re not authorized to discuss the matter.
Credit Suisse Group AG managed the sale, the person said.
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