Vietnam's Masan to issue up to $500 million international bonds, delay The CrownX IPO

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Vietnam's Masan to issue up to $500 million international bonds, delay The CrownX IPO
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HANOI : Vietnamese conglomerate Masan Group is considering issuing up to $500 million worth of international convertible bonds and will delay the overseas listing of its retail unit, The CrownX, its chief executive officer said on Monday.Responding to questions from shareholders at its annual meeting in H

HANOI : Vietnamese conglomerate Masan Group is considering issuing up to $500 million worth of international convertible bonds and will delay the overseas listing of its retail unit, The CrownX, its chief executive officer said on Monday.

"We are preparing the IPO for The Crown X but with all that are going on with the bond and the development in terms of market landscape and the legal framework here, we need to wait for another 12 months," Le said at the meeting, which was streamed live.

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