{"id":19734,"date":"2021-12-28T02:50:00","date_gmt":"2021-12-28T02:50:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/12\/28\/vingroup-and-vinfast-successfully-raised-the-first-international-green-syndicated-loan\/"},"modified":"2021-12-28T02:50:00","modified_gmt":"2021-12-28T02:50:00","slug":"vingroup-and-vinfast-successfully-raised-the-first-international-green-syndicated-loan","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/12\/28\/vingroup-and-vinfast-successfully-raised-the-first-international-green-syndicated-loan\/","title":{"rendered":"Vingroup and VinFast successfully raised the first international green syndicated loan"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>HANOI, VIETNAM &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\">Media OutReach<\/a> &#8211; 28 December 2021 &#8211;  This&#13;<br \/>\nis the first sustainable syndicated loan transaction, and the second international&#13;<br \/>\nsustainable fund raising transaction by <a href=\"https:\/\/www.vingroup.net\/en\">Vingroup<\/a>. Previously, Vinpearl \u2013 a&#13;<br \/>\nmember company of the Group, as well as a leading developer and operator of&#13;<br \/>\ntourism and leisure services in Vietnam, successfully issued a USD 425 million&#13;<br \/>\nsustainable exchangeable bond in September of 2021. <\/p>\n<p> Proceeds from the loan&#13;<br \/>\nwill be used by VinFast and other Vingroup member companies to in green and&#13;<br \/>\nsustainable projects in accordance with the Sustainable Financing Framework announced&#13;<br \/>\nby Vingroup in September 2021. <\/p>\n<p> Mandated Lead Arrangers&#13;<br \/>\nand Book-runners for the transaction include BNP Paribas, Cathay United Bank,&#13;<br \/>\nCredit Suisse, the Hongkong Shanghai Banking Corporation (&#8216;HSBC&#8217;), Maybank and&#13;<br \/>\nTaipei Fubon, of which Credit Suisse serves as the Facility Agent and BNP&#13;<br \/>\nParibas, HSBC are Joint Green Finance Coordinator. <\/p>\n<p>Mr. Nguyen Viet Quang \u2013&#13;<br \/>\nVice Chairman and Chief Executive Officer of Vingroup commented: &#8220;<i>The&#13;<br \/>\nsuccess of this sustainable syndicated loan is made possible because we have&#13;<br \/>\nreceived overwhelming support from international lenders for our commitment to sustainable&#13;<br \/>\ninvestment areas, of which VinFast is the most prominent. Our aim is to make&#13;<br \/>\nVinFast a global smart electric vehicle manufacturer that offers&#13;<br \/>\nenvironmentally friendly means of transport to the masses<\/i>.&#8221;<\/p>\n<p>Mr. Tim Evans &#8211; General&#13;<br \/>\nDirector of HSBC Vietnam said: &#8220;<i>HSBC Vietnam is proud to continue supporting&#13;<br \/>\nVingroup&#8217;s sustainable and green development goals. We appreciate the&#13;<br \/>\npartnership with Vingroup, a forward-thinking b<\/i><i> u <\/i><i> siness that pioneers in&#13;<br \/>\ncontributing to Vietnam&#8217;s goals to tackle climate change. As Joint Green&#13;<br \/>\nFinance Coordinator &amp; Mandated Lead Arranger &amp; Bookrunner in the transaction,&#13;<br \/>\nHSBC has strengthened its capabilities in structuring and arranging sustainable&#13;<br \/>\nfinancing, while emphasizing our long-term commitment to supporting local&#13;<br \/>\nbusinesses to build a greener Vietnam <\/i> .&#8221; <\/p>\n<p>&#8220;<i>BNP Paribas is&#13;<br \/>\nhonored to support Vingroup, our key customer, in this landmark transaction.&#13;<br \/>\nVingroup has not only made great strides in its sustainable development goals,&#13;<br \/>\nbut also contributed to the development of a sustainable financing market and&#13;<br \/>\ncontributed to Vietnam&#8217;s national ambition to transit to a low carbon economy. This&#13;<br \/>\nis a landmark transaction for us as it is the first Green Loan in Vietnam in&#13;<br \/>\nwhich BNPP acts as Joint Green Finance Coordinator &amp; Mandated Lead Arranger&#13;<br \/>\n&amp; Book-runner<\/i>.&#8221; said Mr. Olivier Rousselet \u2013 General Director of&#13;<br \/>\nBNP Paribas Vietnam.<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-12-28\/113283\/vingroup-and-vinfast-successfully-raised-the-first-international-green-syndicated-loan\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HANOI, VIETNAM &#8211;\u00a0Media OutReach &#8211; 28 December 2021 &#8211; This&#13; is the first sustainable syndicated loan transaction, and the second international&#13; sustainable fund raising transaction by Vingroup. Previously, Vinpearl \u2013 a&#13; member company of the Group, as well as a leading developer and operator of&#13; tourism and leisure services in Vietnam, successfully issued a USD &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19734"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=19734"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/19734\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=19734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=19734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=19734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}