Vincom lists $100m international convertible bonds on Singapore Stock Exchange

VNStockNews.com - Vincom Joint Stock Co (coded VIC) announced officially listing $100 million international convertible bonds on Singapore Stock Exchange from December 16, after the company had issued the bonds successfully to the foreign investors.

These are non-guaranteed bonds with book-entry, with priority similar to other non-guaranteed loans. The bonds have payment term of 5 years.

The investors may start converting the bonds into shares from April 30, 2010.

The Singapore-based Credit Suisse is the only agent that takes responsibility for guaranteeing and managing the issued bonds.