Vinhomes gets approval to list bond on SGX

Vinhomes JSC has got preliminary approval from the Singapore Stock Exchange (SGX) to list its bond, the Vietnam News Agency has reported.

This strategic move marks a significant step for Vinhomes in raising capital from foreign investors through bond issuance.

In October, Vinhomes' Board of Directors approved a plan to issue international bonds worth a total of $500 million. These non-convertible, non-warrant bonds are unsecured and have a five-year maturity.

In addition to international fundraising, Vinhomes has also attracted substantial capital from the domestic market. Since the beginning of 2024, Vinhomes has raised funds through nine separate corporate bond tranches, totaling VND20.5 trillion ($805.6 million).