Credit Suisse wins $700 million Vietnam deal

The Swiss firm is mandated to arrange up to $700 million in financing for VietnamÆs state-run shipping company Vinalines.

Credit Suisse signed an exclusive agreement on Monday to arrange financing of up to $700 million for state-run Vietnam National Shipping Lines, better known as Vinalines.

Vinalines, which is a shipping, ship brokering and freight-forwarding company as well as a port operator, plans to use the money it raises for expansion of its existing four port operations.

On July 19, Vinalines received a license from the government to build a Vnd3 trillion $185 million port complex in the central region...

To continue reading, please login or register for free

Click for more on: vinalines | credit suisse

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...