vietnam-shortlists-bookrunners-for-sovereign-deal

Vietnam shortlists bookrunners for sovereign deal

The Vietnamese government has shortlisted five bookrunners for the mandate to handle its second sovereign bond offering later this year.

Rosie Slater

July 12, 2007

Vietnam is set to launch a $1 billion 144a bond at the end of this year, following its $750 million debut dollar offering led by Credit Suisse in 2005. Five banks have reportedly been shortlisted for the latest deal Barclays Bank, BNP Paribas, Citi, Deutsche Bank and JPMorgan.

Competition will be fierce. ôEverybody wants to be on this deal, says a source. ItÆs a no-brainer to sell and it gives you exposure to a sexy credit.ö

Vietnam is forecasting an 8.3% growth in GDP for 2007. The country's foreign direct investment surged in 2006 reaching $10.2 billion - well above the 2005 level of $6.2 billion and an earlier peak in 1996 of $9...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 1 article per month from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222