VietJet plans to promote 15% stake, elevate $300 mln through int’l bond sale

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VietJet plans to promote 15% stake, elevate $300 mln through int’l bond sale


HANOI, June 29 (Reuters)Vietnam’s funds airline VietJet Aviation VJC.HM is in search of shareholder approval for its plans to promote a stake of as much as 15% through a non-public placement, and to boost $300 million by means of a bond sale on worldwide markets, the corporate mentioned on Tuesday.

VietJet mentioned in a press release it’s targetting a 20% rise in income this yr to 21.9 trillion dong ($951.35 million), including it can maintain a shareholders’ assembly in a while Tuesday.

($1 = 23,020.0000 dong)

(Reporting by Khanh Vu Enhancing by Ed Davies)

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