Vietnam's HDBank plans to raise $500 million selling bonds in international market

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HANOI : Vietnam's Ho Chi Minh City Development Joint Stock Bank, or HDBank, plans to raise up to $500 million issuing convertible dollar-denominated bonds in the international market, the lender said on Wednesday. HDBank will next month seek its shareholders' approval for the issuance of the five-year bon

HANOI : Vietnam's Ho Chi Minh City Development Joint Stock Bank, or HDBank, plans to raise up to $500 million issuing convertible dollar-denominated bonds in the international market, the lender said on Wednesday.

HDBank will next month seek its shareholders' approval for the issuance of the five-year bonds, it said in a statement, adding that the bonds would be issued in 2023 or 2024.

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