Reuters exclusively reported that Vietnamese property giant No Va Land Investment Group Corp (NVL.HM) is in talks with creditors to restructure part of its $1 billion foreign debt amid turmoil in one of the country’s top industries.
Business & Finance
Vietnam’s No Va Land in talks with Credit Suisse, others to restructure debt
23 May 2023, 4:53 pm 1 minute
Market Impact
No Va Land’s total debt, including domestic loans and bonds, is about $2.7 billion, equivalent to 24% of its assets.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Asia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
