Actual property developer Dat Xanh Group (DXG) plans to problem $300 million value of worldwide bonds this yr in Singapore.
Particulars of the issuance could be revealed later, the corporate stated in an announcement.
In March and April, the corporate-issued VND370 billion ($16 million) value of bonds to 12 traders, together with an international group, at a coupon fee of 12 p.c and maturing in March 2023.
The corporate reported revenues of VND2.95 trillion within the first quarter of 2021, 4.9 instances up year-on-year. Submit-tax income jumped by 7.6 instances to VND712 billion.
The corporate targets revenues of VND9 trillion this yr, triple final yr’s determine.
A bunch of funding funds belonging to Dragon Capital’s final week bought over 15 million DXG shares for around VND358 billion.