Vingroup announced the issuance of 1,000 billion VND in private bonds to restructure the group’s debt. The bonds have a face value of 100 million VND each, non-convertible, without warrants, and secured by assets. The maximum term is 36 months and is only available to professional securities investors. The entire amount raised will be used for debt restructuring.
Additionally, Vingroup is preparing to issue international bonds worth 325 million USD with a face value of 200,000 USD per bond. This bond has a 5-year term and an expected interest rate of 5.5% per year, with no debt guarantees. The international issuance is scheduled for Q4 2025 and will not be offered in Vietnam. Vingroup is taking steps to diversify funding sources and optimize its financial structure in 2025.
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