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

Market Chatter: Vinfast Seeks Financing for Indonesia Plant

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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.)

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