PRESS RELEASE

VIETCAP SIGNS USD41.6MN CLUB LOAN FACILITY

 

Vietcap Securities (HOSE: VCI, “Vietcap” or “the Company”) is pleased to announce that it has signed unsecured club loan financing for USD41.6mn (equivalent to VND1,061bn).

The loan was arranged and/or committed by, among others, the following banks: CTBC Bank Co., Ltd., Cathay United Bank Co., Ltd., Taipei Fubon Commercial Bank Co., Ltd., First Commercial Bank Co., Ltd., Offshore Banking Branch and Union Bank of Taiwan.

The loan represents yet another successful fundraising endeavor for Vietcap. The positive response from the market is a testament to Vietcap’s credit standing among investors and is expected to pave the way for future offshore transactions. Vietcap is committed to delivering the best service quality to customers and optimizing benefits for shareholders. Therefore, expanding foreign loans with substantial capital at competitive costs will provide Vietcap with more resources to enhance the company's business. 

Vietcap’s previous offshore loan facilities include:

  • September 2024: USD119mn incorporating an option of accordion for an increase by up to USD81mn arranged by Maybank Securities Pte. Ltd., Malayan Banking Berhad (Singapore Branch), Maybank Philippines, Inc., Maybank International (Labuan Branch), and Taishin International Bank Co., Ltd. (Singapore Branch).
  • January 2024: USD34mn with an option to increase to USD100mn arranged by Bank SinoPac Co., Ltd, and Bank of Kaohsiung – Offshore Banking Branch.
  • August 2023: USD100mn arranged by Mega International Commercial Bank through its offshore banking branch.
  • July 2023: USD45mn arranged by Shanghai Commercial and Savings Bank, Ltd. through its offshore banking branch.
  • October 2022: USD105mn, with a greenshoe option for a facility size of up to USD150mn, arranged by Maybank Securities Pte. Ltd. and O-Bank Co., Ltd. as mandated lead arrangers and bookrunners, with Malayan Banking Berhad, Singapore Branch as one of the lenders.
  • May 2022: USD100mn arranged by Mega International Commercial Bank through its offshore banking branch.
  • November 2021: USD100mn, with a greenshoe option for a facility size of up to USD150mn, from a group of banks arranged by Maybank Kim Eng Securities Pte. Ltd. (now known as Maybank Securities Pte. Ltd.), with Malayan Banking Berhad, Singapore Branch as one of the lenders.
  • May 2020: USD40mn syndicated unsecured loan from a group of banks led by Bank Sinopac. 

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