This is BIM Land's first offshore bond issue after it borrowed about $140 million from IFC and Credit Suisse in 2019.
BIM Land now get up to $137 million in financing from IFC and Credit Suisse.
The Ho Chi Minh City-based property developer has successfully closed nearly $121 million in fundraising from a group of investors including EXS Capital, ACA Investments, and Credit Suisse AG.
Vietnam is leading the world regarding market capitalization growth in the period 2016-2017 at the rate of 61 per cent, according to Credit Suisse's Global Wealth Report 2017 just released.
A US$300-million loan was arranged for Vingroup by Credit Suisse AG in 2016.
