YKVN advised HDBank as issuer of a USD 165 million international bond issuance to IFC and international financial institutions to increase tier-2 equity.

January 27, 2022

YKVN advised Ho Chi Minh City Development Commercial Joint Stock Bank (HDBank – HoSE: HDB) as issuer of USD 165 million in international bonds to increase tier-2 equity.

The investors included International Finance Corporation (IFC) – a member of the World Bank, DEG – Deutsche Investitions-und Entwicklungsgesellschaft, and LeapFrog Investments.

The YKVN team was led by partners Truong Nhat Quang and Nguyen Van Hai assisted by associate Le Huynh Nhat Minh.

More about this deal: click here.

Image: © HDBank

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