Vietnam’s Masan protects $200 million financial investment from Bain Capital By Reuters


© Reuters. Logo design of the Bain Capital is evaluated at a press conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon/File Image

HANOI (Reuters) – Vietnamese corporation Masan Group has actually protected financing of a minimum of $200 million from Bain Capital, with the possibility of generating other financiers to increase that to as much as $500 million, the 2 entities stated on Monday.

Profits, according to fast-moving durable goods firm Masan would be utilized to enhance the its monetary positions.

The financial investment would remain in the kind of convertible dividend choice share at a rate of 85,000 dong ($ 3.50) per share which can be transformed into common shares at a 1:1 conversion ratio, Masan stated in a declaration.

($ 1 = 24,310.0000 dong)

.

Like this post? Please share to your friends:
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: