ANZ Vietnam Helps FPT Issue VND1.8T Bonds

9:47:17 AM | 10/17/2009

ANZ Bank (Vietnam) Limited has managed to issue VND1.8 trillion (US$100.8 million) worth of corporate bonds for FPT Corporation (FPT), the company said.
 
The three-year bonds, with a face value of VND1 billion each, carry a coupon of 7%.
 
FPT will use the proceeds to add its working capital and fund infrastructure development projects of its affiliates.
 
The software maker expects its profits up 17% to VND1.5 trillion and revenues up 1.62% to VND17.1 trillion in 2009 and to pay a cash dividend at VND2,500 per share. (FPT, www.hsx.vn), )