Vietnam shortlists bookrunners for sovereign deal
The Vietnamese government has shortlisted five bookrunners for the mandate to handle its second sovereign bond offering later this year.
Vietnam is set to launch a $1 billion 144a bond at the end of this year, following its $750 million debut dollar offering led by Credit Suisse in 2005. Five banks have reportedly been shortlisted for the latest deal Barclays Bank, BNP Paribas, Citi, Deutsche Bank and JPMorgan.
Competition will be fierce. ôEverybody wants to be on this deal, says a source. ItÆs a no-brainer to sell and it gives you exposure to a sexy credit.ö
Vietnam is forecasting...
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