Market Chatter: Vinfast Seeks Financing for Indonesia Plant-March 2024-www.financetom.com

Market Chatter: Vinfast Seeks Financing for Indonesia Plant

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Market Chatter: Vinfast Seeks Financing for Indonesia Plant

Jul 10, 2024 4:41 AM

07:19 AM EDT, 07/10/2024 (MT Newswires) -- VinFast Auto ( VFS ) is seeking a loan of $250 million to finance construction of a factory in Subang, Indonesia, Bloomberg News reported Wednesday, citing people familiar with the matter.

The electric vehicle maker has approached banks in Indonesia for loans denominated in dollars or Indonesian rupiah, the report said.

VinFast did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Previous page： Boeing Could Face up to $8 Billion Cash Headwind From Labor Strike, UBS Says Next page： High Tide Fiscal Q3 Swings to Profit, Revenue Rises

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Boeing Could Face up to $8 Billion Cash Headwind From Labor Strike, UBS Says

Sep 16, 2024

04:25 PM EDT, 09/16/2024 (MT Newswires) -- Boeing ( BA ) could see a cash headwind of nearly $7.96 billion if the ongoing labor strike continues through the end of the year, UBS Securities said in a note e-mailed Monday. Late last week, members of the International Association of Machinists and Aerospace Workers unanimously rejected a tentative labor deal between...

High Tide Fiscal Q3 Swings to Profit, Revenue Rises

Sep 16, 2024

04:23 PM EDT, 09/16/2024 (MT Newswires) -- High Tide (HITI) late Monday reported fiscal Q3 EPS of 0.01 Canadian dollars ($0.0074), compared with CA$0.04 loss a year ago. Analysts polled by Capital IQ expected a break-even. Revenue for the quarter ended July 31 was CA$131.7 million, up from CA$124.4 million a year earlier. Analysts surveyed by Capital IQ expected CA$127.9...

Killam Apartment REIT September Distribution Consistent With Previous Month

Sep 16, 2024

04:26 PM EDT, 09/16/2024 (MT Newswires) -- Killam Apartment REIT (KMP-UN.TO) on Monday declared its September monthly distribution of $0.05833 per unit to be paid on Oct. 15 to unitholders of record on Sept. 27. This is consistent with the August per unit distribution. Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate...

Boeing Stock Continues To Fall After Announcing Hiring Freeze, Other Cost Cuts Amid Workers' Strike

Sep 16, 2024

Boeing Co ( BA ) shares fell Monday after the company announced a hiring freeze and delayed pay increases for its salaried workforce as the aerospace company faces increased cash drain during a worker strike launched Friday. The Details: Boeing CFO Brian West announced the measures in a memo to staff on Monday. West also said the company would cut...