Vincom has entered into a U.S$40 million
convertible loan with an interest rate of 6 percent per annum, for a
term of eleven months, and being able to be converted into shares.
Credit Suisse AG, Singapore Branch, is the Arranger of the transaction.
In 2009, Vincom JSC (VIC) issued US$100
million convertible bonds listed on the Singapore Stock Exchange with a
five-year term. All these bonds were converted into shares or redeemed
by Vincom in June, 2011.