volatility-threatens-vietnams-bond-offering

Volatility threatens Vietnam's bond offering

The sovereign is due to embark on a roadshow soon, but difficult market conditions remain a challenge to the offering.
Rumours were circulating yesterday concerning VietnamÆs $1 billion bond transaction managed by Barclays, Citi and Deutsche. Some press reports stated that the sovereign was to begin its roadshow next week, and said that the deal would price soon after, probably towards the end of this month.

However, it seems that although the roadshow is due to take place relatively soon, the schedule has not been confirmed due to logistical difficulties. The ensuing deal, meanwhile, will only price subject to market conditions, at some undetermined time in the future.

ôItÆs impossible to predict anything in this market,ö says one source. ôThe Vietnam deal can only price if an opportunity presents itself. Although there may be a...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222