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Convertible bond

Korean investors bankroll Haiphong real estate development

A consortium of three South Korean investors including Shinhan Bank, CoreTrend Investment and ValueSystem will provide Hoang Huy $50 million to develop real estate projects in the northern port city of Haiphong.

HDBank plans to mobilize $300 million from offshore

The bank is planning to issue convertible bonds worth $300 million to supplement its operating capital while improving its capital adequacy ratio and lessening the maturity risk on the balance sheet.

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