vinashin

Vietnam's largest shipbuilder gets more money from Credit Suisse to help fund its growing business.

Vinashin prices 50bps tighter than initial guidance and sells 95% of its bonds to offshore investors.

Bookrunner Deutsche Bank will market the offshore-targeted dong deal on the basis of strong government support for the shipping firm. Initial price guidance is set at 9.25%-9.50%.

The state-owned shipping group hopes to benefit from growing investor appetite for Vietnamese issues.

The European bank forges financial ties with Vietnam's Vinashin and Vinalines.