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The Hanoi Stock Exchange (HNX) has published a document from Vingroup JSC announcing the results of its bond issuance.
Specifically, on May 28, 2025, Vingroup successfully issued 20,000 bonds with the code VIC12507 and a par value of VND 100 million per bond, equivalent to an issuance value of VND 2,000 billion.
Information about bondholders, purpose of issuance, etc. has not been disclosed; however, according to HNX, the VIC12506 lot has an issuance interest rate of 12.5% per annum.
Earlier, on May 15, 2025, Vingroup also successfully raised VND 2,000 billion from the issuance of bonds with the code VIC12506. The completion date was May 23, 2025; the issuance term of the above bond lot is 24 months, corresponding to the maturity date of May 15, 2027.
In a related development, Vingroup recently issued a document announcing information to the SSC, HoSE, and HNX regarding its guarantee for a subsidiary.
Accordingly, Vingroup’s Board of Directors has issued a resolution approving the group’s provision of payment guarantee and use of assets owned by the group to secure corporate bonds issued by VinFast Joint Stock Company in 2025 with a maximum par value of VND 5,000 billion.
At the same time, Vingroup’s Board of Directors authorized the General Director – Legal Representative of the Group or the person authorized by the General Director to decide on the specific content of the guarantee, the number of assets corresponding to the bonds issued by VinFast, and to sign and implement the relevant Agreements in accordance with the approval of the Board of Directors and the provisions of the law.
In addition, the Vingroup Board of Directors also issued Resolution No. 11/2025/NQ-HĐQT-VINGROUP approving the Group’s signing of a credit contract with Deutsche Bank AG – Ho Chi Minh City Branch, for Deutsche Bank Vietnam to issue a standby letter of credit to guarantee the obligations of Vingroup’s subsidiary.
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