Vietnam’s Masan plans $500m bond issue, delays The CrownX IPO

Vietnamese conglomerate Masan Group is considering issuing up to $500 million worth of international convertible bonds, its chief executive officer said on Monday.

Responding to questions at a livestreamed meeting, CEO Danny Le said it would also delay the launch of an international initial public offering for its consumer retail unit, The CrownX due to unfavourable market conditions.

Reuters

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